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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 | $12,001 | $54,541-78.0% | $78,778-84.8% | $70,126-82.9% |
| Participation rate | 58.3% | 60.8%-2.5pp | 69.2%-10.9pp | 69.5%-11.2pp |
| Annual return | 16.34% | 21.07%-4.7pp | 35.62%-19.3pp | 73.15%-56.8pp |
| Employer contribution / active EE | $568 | $1,089-47.8% | $1,986-71.4% | $2,343-75.7% |
| Participant deferral / active EE | $1,323 | $2,210-40.1% | $2,958-55.3% | $3,332-60.3% |
| Admin fee / account holder | $277 | $3,709-92.5% | $5,134-94.6% | $4,645-94.0% |