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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 | $15,230 | $70,475-78.4% | $100,530-84.9% | $79,858-80.9% |
| Participation rate | 50.0% | 73.7%-23.7pp | 79.4%-29.4pp | 69.6%-19.6pp |
| Annual return | 27.35% | 21.90%+5.5pp | 30.89%-3.5pp | 31.72%-4.4pp |
| Employer contribution / active EE | $0 | $2,165-100.0% | $3,418-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $5,312 | $5,181+2.5% | $6,271-15.3% | $3,740+42.0% |
| Admin fee / account holder | $50 | $4,478-98.9% | $8,083-99.4% | $5,306-99.0% |