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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 | $13,317 | $69,444-80.8% | $92,985-85.7% | $87,485-84.8% |
| Participation rate | 60.5% | 63.3%-2.8pp | 69.5%-9.0pp | 68.9%-8.4pp |
| Annual return | 21.75% | 23.85%-2.1pp | 27.99%-6.2pp | 26.06%-4.3pp |
| Employer contribution / active EE | $777 | $1,917-59.5% | $2,662-70.8% | $2,596-70.1% |
| Participant deferral / active EE | $2,078 | $3,364-38.2% | $4,377-52.5% | $4,274-51.4% |
| Admin fee / account holder | $115 | $6,137-98.1% | $9,463-98.8% | $7,775-98.5% |