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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 | $18,268 | $54,380-66.4% | $68,509-73.3% | $59,633-69.4% |
| Participation rate | 69.2% | 70.2%-1.0pp | 74.7%-5.5pp | 68.7%+0.6pp |
| Annual return | -0.11% | 2.83%-2.9pp | 8.27%-8.4pp | 2041.45%-2041.6pp |
| Employer contribution / active EE | $1,038 | $1,539-32.5% | $2,278-54.4% | $2,203-52.9% |
| Participant deferral / active EE | $2,791 | $2,643+5.6% | $3,382-17.5% | $3,192-12.5% |
| Admin fee / account holder | $173 | $3,885-95.5% | $5,275-96.7% | $4,297-96.0% |