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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 | $15,925 | $69,977-77.2% | $108,582-85.3% | $62,881-74.7% |
| Participation rate | 63.0% | 72.9%-9.9pp | 79.6%-16.6pp | 69.3%-6.3pp |
| Annual return | 5.04% | 10.73%-5.7pp | -51.70%+56.7pp | 20.14%-15.1pp |
| Employer contribution / active EE | $903 | $2,135-57.7% | $3,758-76.0% | $2,281-60.4% |
| Participant deferral / active EE | $1,676 | $3,165-47.0% | $4,311-61.1% | $3,203-47.7% |
| Admin fee / account holder | $182 | $5,076-96.4% | $7,645-97.6% | $4,296-95.8% |