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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 | $6,594 | $56,894-88.4% | $84,753-92.2% | $62,881-89.5% |
| Participation rate | 31.0% | 68.5%-37.6pp | 76.6%-45.6pp | 69.3%-38.3pp |
| Annual return | 30.54% | 6.30%+24.2pp | 22.78%+7.8pp | 20.14%+10.4pp |
| Employer contribution / active EE | $523 | $2,400-78.2% | $3,574-85.4% | $2,281-77.1% |
| Participant deferral / active EE | $1,164 | $2,709-57.0% | $3,712-68.7% | $3,203-63.7% |
| Admin fee / account holder | $61 | $3,581-98.3% | $5,333-98.8% | $4,296-98.6% |