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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 | $14,289 | $103,393-86.2% | $87,103-83.6% | $152,909-90.7% |
| Participation rate | 60.0% | 79.4%-19.4pp | 76.9%-16.9pp | 82.5%-22.5pp |
| Annual return | 32.36% | 28.10%+4.3pp | 28.19%+4.2pp | 345.46%-313.1pp |
| Employer contribution / active EE | $1,372 | $3,221-57.4% | $2,521-45.6% | $4,764-71.2% |
| Participant deferral / active EE | $3,837 | $4,778-19.7% | $4,049-5.2% | $5,851-34.4% |
| Admin fee / account holder | $76 | $12,195-99.4% | $7,491-99.0% | $11,601-99.3% |