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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 | $15,001 | $96,558-84.5% | $80,977-81.5% | $273,972-94.5% |
| Participation rate | 50.0% | 79.1%-29.1pp | 75.8%-25.8pp | 83.0%-33.0pp |
| Annual return | 17.34% | 15.14%+2.2pp | 17.11%+0.2pp | 41.46%-24.1pp |
| Employer contribution / active EE | $1,015 | $4,869-79.2% | $3,715-72.7% | $4,869-79.2% |
| Participant deferral / active EE | $3,907 | $6,598-40.8% | $5,696-31.4% | $5,287-26.1% |
| Admin fee / account holder | $0 | $7,493-100.0% | $5,517-100.0% | $10,133-100.0% |