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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 | $10,233 | $65,367-84.3% | $92,915-89.0% | $72,976-86.0% |
| Participation rate | 37.9% | 68.3%-30.4pp | 76.0%-38.1pp | 69.5%-31.6pp |
| Annual return | 53.56% | 42.11%+11.5pp | 109.45%-55.9pp | 81.02%-27.5pp |
| Employer contribution / active EE | $936 | $2,594-63.9% | $3,653-74.4% | $2,440-61.6% |
| Participant deferral / active EE | $1,959 | $3,128-37.4% | $4,238-53.8% | $3,608-45.7% |
| Admin fee / account holder | $194 | $4,251-95.4% | $5,796-96.7% | $5,124-96.2% |