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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 | $18,128 | $51,708-64.9% | $106,619-83.0% | $62,881-71.2% |
| Participation rate | 39.2% | 66.9%-27.6pp | 78.0%-38.8pp | 69.3%-30.1pp |
| Annual return | 6.44% | 4.69%+1.8pp | 9.42%-3.0pp | 20.14%-13.7pp |
| Employer contribution / active EE | $813 | $1,764-53.9% | $3,947-79.4% | $2,281-64.3% |
| Participant deferral / active EE | $1,987 | $2,315-14.2% | $3,930-49.4% | $3,203-38.0% |
| Admin fee / account holder | $134 | $3,349-96.0% | $6,418-97.9% | $4,296-96.9% |