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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 | $19,221 | $76,550-74.9% | $123,894-84.5% | $62,881-69.4% |
| Participation rate | 48.4% | 73.0%-24.6pp | 81.4%-33.0pp | 69.3%-20.9pp |
| Annual return | 76.47% | 18.67%+57.8pp | 47.52%+28.9pp | 20.14%+56.3pp |
| Employer contribution / active EE | $1,492 | $2,882-48.2% | $4,617-67.7% | $2,281-34.6% |
| Participant deferral / active EE | $3,062 | $4,840-36.7% | $5,984-48.8% | $3,203-4.4% |
| Admin fee / account holder | $43 | $4,826-99.1% | $8,357-99.5% | $4,296-99.0% |