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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 | $31,499 | $100,194-68.6% | $122,979-74.4% | $86,983-63.8% |
| Participation rate | 69.1% | 73.0%-3.9pp | 77.2%-8.1pp | 69.5%-0.4pp |
| Annual return | 22.80% | 16.47%+6.3pp | 20.12%+2.7pp | 25.83%-3.0pp |
| Employer contribution / active EE | $1,599 | $2,326-31.3% | $3,062-47.8% | $2,584-38.1% |
| Participant deferral / active EE | $3,928 | $4,133-5.0% | $5,003-21.5% | $4,194-6.3% |
| Admin fee / account holder | $284 | $10,148-97.2% | $12,864-97.8% | $7,856-96.4% |