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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 | $10,663 | $51,708-79.4% | $106,619-90.0% | $62,881-83.0% |
| Participation rate | 21.9% | 66.9%-45.0pp | 78.0%-56.1pp | 69.3%-47.4pp |
| Annual return | 15.06% | 4.69%+10.4pp | 9.42%+5.6pp | 20.14%-5.1pp |
| Employer contribution / active EE | $487 | $1,764-72.4% | $3,947-87.7% | $2,281-78.6% |
| Participant deferral / active EE | $1,110 | $2,315-52.1% | $3,930-71.8% | $3,203-65.4% |
| Admin fee / account holder | $133 | $3,349-96.0% | $6,418-97.9% | $4,296-96.9% |