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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 | $10,711 | $51,708-79.3% | $106,619-90.0% | $62,881-83.0% |
| Participation rate | 55.7% | 66.9%-11.2pp | 78.0%-22.3pp | 69.3%-13.6pp |
| Annual return | 28.67% | 4.69%+24.0pp | 9.42%+19.2pp | 20.14%+8.5pp |
| Employer contribution / active EE | $1,234 | $1,764-30.0% | $3,947-68.7% | $2,281-45.9% |
| Participant deferral / active EE | $1,569 | $2,315-32.3% | $3,930-60.1% | $3,203-51.0% |
| Admin fee / account holder | $292 | $3,349-91.3% | $6,418-95.5% | $4,296-93.2% |