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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 | $19,870 | $78,705-74.8% | $117,860-83.1% | $70,124-71.7% |
| Participation rate | 47.6% | 73.2%-25.6pp | 79.7%-32.0pp | 69.5%-21.9pp |
| Annual return | 26.51% | 23.30%+3.2pp | 335.10%-308.6pp | 73.14%-46.6pp |
| Employer contribution / active EE | $0 | $2,223-100.0% | $3,786-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $4,105 | $3,297+24.5% | $4,482-8.4% | $3,332+23.2% |
| Admin fee / account holder | $103 | $5,065-98.0% | $8,021-98.7% | $4,645-97.8% |