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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 | $31,930 | $108,825-70.7% | $156,181-79.6% | $82,448-61.3% |
| Participation rate | 41.4% | 72.4%-31.0pp | 78.8%-37.4pp | 68.1%-26.7pp |
| Annual return | 20.98% | 20.59%+0.4pp | 64.87%-43.9pp | 41.64%-20.7pp |
| Employer contribution / active EE | $1,361 | $2,870-52.6% | $4,294-68.3% | $2,551-46.6% |
| Participant deferral / active EE | $3,260 | $4,577-28.8% | $6,132-46.8% | $4,139-21.2% |
| Admin fee / account holder | -$522 | $9,341-105.6% | $14,586-103.6% | $7,234-107.2% |