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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 | $19,413 | $77,574-75.0% | $108,753-82.1% | $86,983-77.7% |
| Participation rate | 40.5% | 62.3%-21.8pp | 71.1%-30.5pp | 69.5%-29.0pp |
| Annual return | 19.46% | 18.42%+1.0pp | 37.47%-18.0pp | 25.83%-6.4pp |
| Employer contribution / active EE | $635 | $1,611-60.6% | $2,427-73.8% | $2,584-75.4% |
| Participant deferral / active EE | $1,330 | $3,128-57.5% | $4,115-67.7% | $4,194-68.3% |
| Admin fee / account holder | $294 | $6,529-95.5% | $10,320-97.1% | $7,856-96.3% |