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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 | $19,769 | $88,707-77.7% | $74,184-73.4% | $273,972-92.8% |
| Participation rate | 69.2% | 79.4%-10.2pp | 76.6%-7.4pp | 83.0%-13.8pp |
| Annual return | 8.52% | 11.94%-3.4pp | 17.74%-9.2pp | 41.46%-32.9pp |
| Employer contribution / active EE | $1,386 | $3,159-56.1% | $2,370-41.5% | $4,869-71.5% |
| Participant deferral / active EE | $3,017 | $4,212-28.4% | $3,550-15.0% | $5,287-42.9% |
| Admin fee / account holder | $244 | $8,717-97.2% | $5,586-95.6% | $10,133-97.6% |