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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 | $10,857 | $69,977-84.5% | $108,582-90.0% | $62,881-82.7% |
| Participation rate | 59.3% | 72.9%-13.6pp | 79.6%-20.3pp | 69.3%-10.0pp |
| Annual return | 15.13% | 10.73%+4.4pp | -51.70%+66.8pp | 20.14%-5.0pp |
| Employer contribution / active EE | $1,494 | $2,135-30.0% | $3,758-60.2% | $2,281-34.5% |
| Participant deferral / active EE | $2,366 | $3,165-25.2% | $4,311-45.1% | $3,203-26.1% |
| Admin fee / account holder | $258 | $5,076-94.9% | $7,645-96.6% | $4,296-94.0% |