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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 | $17,444 | $95,404-81.7% | $113,397-84.6% | $82,637-78.9% |
| Participation rate | 45.0% | 72.8%-27.8pp | 76.5%-31.5pp | 68.1%-23.1pp |
| Annual return | 28.80% | 19.08%+9.7pp | 23.20%+5.6pp | 53.51%-24.7pp |
| Employer contribution / active EE | $1,188 | $2,307-48.5% | $2,977-60.1% | $2,552-53.4% |
| Participant deferral / active EE | $1,954 | $4,220-53.7% | $5,076-61.5% | $4,126-52.7% |
| Admin fee / account holder | $266 | $9,168-97.1% | $11,957-97.8% | $7,339-96.4% |