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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 | $21,383 | $136,307-84.3% | $106,619-79.9% | $273,972-92.2% |
| Participation rate | 33.3% | 84.8%-51.4pp | 78.0%-44.7pp | 83.0%-49.7pp |
| Annual return | 12.97% | 11.05%+1.9pp | 9.42%+3.5pp | 41.46%-28.5pp |
| Employer contribution / active EE | $1,234 | $5,190-76.2% | $3,947-68.7% | $4,869-74.7% |
| Participant deferral / active EE | $2,546 | $4,969-48.8% | $3,930-35.2% | $5,287-51.8% |
| Admin fee / account holder | $0 | $8,625-100.0% | $6,418-100.0% | $10,133-100.0% |