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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 | $16,492 | $81,476-79.8% | $102,383-83.9% | $80,925-79.6% |
| Participation rate | 38.5% | 66.8%-28.4pp | 74.5%-36.0pp | 67.7%-29.2pp |
| Annual return | 14.74% | 25.59%-10.9pp | 24.94%-10.2pp | 35.65%-20.9pp |
| Employer contribution / active EE | $888 | $3,105-71.4% | $3,870-77.1% | $2,756-67.8% |
| Participant deferral / active EE | $2,285 | $3,871-41.0% | $5,060-54.8% | $4,299-46.8% |
| Admin fee / account holder | $255 | $6,717-96.2% | $8,391-97.0% | $6,940-96.3% |