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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 | $19,450 | $88,707-78.1% | $74,184-73.8% | $273,972-92.9% |
| Participation rate | 55.0% | 79.4%-24.4pp | 76.6%-21.6pp | 83.0%-28.0pp |
| Annual return | 6.59% | 11.94%-5.4pp | 17.74%-11.1pp | 41.46%-34.9pp |
| Employer contribution / active EE | $823 | $3,159-73.9% | $2,370-65.3% | $4,869-83.1% |
| Participant deferral / active EE | $2,012 | $4,212-52.2% | $3,550-43.3% | $5,287-62.0% |
| Admin fee / account holder | $11 | $8,717-99.9% | $5,586-99.8% | $10,133-99.9% |