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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 | $7,225 | $111,814-93.5% | $103,378-93.0% | $145,978-95.1% |
| Participation rate | 60.0% | 77.9%-17.9pp | 74.5%-14.5pp | 80.3%-20.3pp |
| Annual return | 14.43% | 24.80%-10.4pp | 24.91%-10.5pp | 550.52%-536.1pp |
| Employer contribution / active EE | $1,127 | $4,215-73.3% | $3,870-70.9% | $4,662-75.8% |
| Participant deferral / active EE | $1,619 | $5,618-71.2% | $5,058-68.0% | $6,690-75.8% |
| Admin fee / account holder | $297 | $9,764-97.0% | $8,401-96.5% | $13,400-97.8% |