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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 | $20,833 | $215,361-90.3% | $171,082-87.8% | $273,972-92.4% |
| Participation rate | 36.4% | 82.0%-45.7pp | 76.7%-40.3pp | 83.0%-46.7pp |
| Annual return | 7.42% | 25.14%-17.7pp | 32.56%-25.1pp | 41.46%-34.0pp |
| Employer contribution / active EE | $401 | $4,967-91.9% | $4,002-90.0% | $4,869-91.8% |
| Participant deferral / active EE | $3,543 | $5,543-36.1% | $4,797-26.2% | $5,287-33.0% |
| Admin fee / account holder | $0 | $10,846-100.0% | $8,520-100.0% | $10,133-100.0% |