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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 | $30,710 | $114,712-73.2% | $173,730-82.3% | $87,485-64.9% |
| Participation rate | 52.9% | 73.0%-20.1pp | 79.6%-26.6pp | 68.9%-16.0pp |
| Annual return | 19.90% | 20.18%-0.3pp | 19.96%-0.1pp | 26.06%-6.2pp |
| Employer contribution / active EE | $1,025 | $2,904-64.7% | $4,577-77.6% | $2,596-60.5% |
| Participant deferral / active EE | $2,362 | $4,642-49.1% | $6,326-62.7% | $4,274-44.7% |
| Admin fee / account holder | $0 | $10,210-100.0% | $17,523-100.0% | $7,775-100.0% |