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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,121 | $81,457-75.3% | $103,378-80.5% | $80,911-75.1% |
| Participation rate | 44.1% | 66.8%-22.7pp | 74.5%-30.4pp | 67.6%-23.5pp |
| Annual return | 13.27% | 25.58%-12.3pp | 24.91%-11.6pp | 35.63%-22.4pp |
| Employer contribution / active EE | $2,082 | $3,107-33.0% | $3,870-46.2% | $2,756-24.4% |
| Participant deferral / active EE | $3,282 | $3,871-15.2% | $5,058-35.1% | $4,297-23.6% |
| Admin fee / account holder | $225 | $6,717-96.7% | $8,401-97.3% | $6,935-96.8% |