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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 | $12,732 | $99,345-87.2% | $84,753-85.0% | $273,972-95.4% |
| Participation rate | 64.7% | 80.7%-16.0pp | 76.6%-11.9pp | 83.0%-18.3pp |
| Annual return | 16.48% | 22.93%-6.5pp | 22.78%-6.3pp | 41.46%-25.0pp |
| Employer contribution / active EE | $1,519 | $4,214-64.0% | $3,574-57.5% | $4,869-68.8% |
| Participant deferral / active EE | $4,216 | $4,270-1.3% | $3,712+13.6% | $5,287-20.3% |
| Admin fee / account holder | $85 | $6,645-98.7% | $5,333-98.4% | $10,133-99.2% |