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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 | $23,912 | $80,992-70.5% | $96,534-75.2% | $75,173-68.2% |
| Participation rate | 43.5% | 71.8%-28.2pp | 76.0%-32.4pp | 67.2%-23.7pp |
| Annual return | 30.18% | 27.05%+3.1pp | 25.88%+4.3pp | 160.72%-130.5pp |
| Employer contribution / active EE | $1,217 | $2,283-46.7% | $2,965-59.0% | $2,671-54.4% |
| Participant deferral / active EE | $2,156 | $3,929-45.1% | $4,851-55.6% | $4,126-47.8% |
| Admin fee / account holder | $39 | $6,717-99.4% | $8,253-99.5% | $5,651-99.3% |