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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 | $110,137-71.0% | $161,149-80.2% | $82,637-61.4% |
| Participation rate | 41.4% | 72.4%-31.0pp | 78.8%-37.5pp | 68.1%-26.7pp |
| Annual return | 20.98% | 20.69%+0.3pp | 21.16%-0.2pp | 53.51%-32.5pp |
| Employer contribution / active EE | $1,361 | $2,856-52.3% | $4,360-68.8% | $2,552-46.7% |
| Participant deferral / active EE | $3,260 | $4,575-28.7% | $6,153-47.0% | $4,126-21.0% |
| Admin fee / account holder | -$522 | $9,467-105.5% | $15,194-103.4% | $7,339-107.1% |