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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 | $15,542 | $99,345-84.4% | $84,753-81.7% | $273,972-94.3% |
| Participation rate | 43.8% | 80.7%-36.9pp | 76.6%-32.8pp | 83.0%-39.3pp |
| Annual return | 4.34% | 22.93%-18.6pp | 22.78%-18.4pp | 41.46%-37.1pp |
| Employer contribution / active EE | $988 | $4,214-76.6% | $3,574-72.4% | $4,869-79.7% |
| Participant deferral / active EE | $1,232 | $4,270-71.2% | $3,712-66.8% | $5,287-76.7% |
| Admin fee / account holder | $0 | $6,645-100.0% | $5,333-100.0% | $10,133-100.0% |