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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 | $7,088 | $81,457-91.3% | $103,378-93.1% | $80,911-91.2% |
| Participation rate | 66.7% | 66.8%-0.2pp | 74.5%-7.8pp | 67.6%-1.0pp |
| Annual return | 14.16% | 25.58%-11.4pp | 24.91%-10.7pp | 35.63%-21.5pp |
| Employer contribution / active EE | $1,187 | $3,107-61.8% | $3,870-69.3% | $2,756-56.9% |
| Participant deferral / active EE | $2,432 | $3,871-37.2% | $5,058-51.9% | $4,297-43.4% |
| Admin fee / account holder | $71 | $6,717-98.9% | $8,401-99.2% | $6,935-99.0% |