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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 | $10,374 | $56,894-81.8% | $84,753-87.8% | $62,881-83.5% |
| Participation rate | 65.4% | 68.5%-3.2pp | 76.6%-11.2pp | 69.3%-3.9pp |
| Annual return | 14.58% | 6.30%+8.3pp | 22.78%-8.2pp | 20.14%-5.6pp |
| Employer contribution / active EE | $1,303 | $2,400-45.7% | $3,574-63.6% | $2,281-42.9% |
| Participant deferral / active EE | $2,367 | $2,709-12.6% | $3,712-36.2% | $3,203-26.1% |
| Admin fee / account holder | $50 | $3,581-98.6% | $5,333-99.1% | $4,296-98.8% |