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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 | $10,091 | $77,638-87.0% | $156,551-93.6% | $62,881-84.0% |
| Participation rate | 48.1% | 71.2%-23.1pp | 84.0%-35.9pp | 69.3%-21.2pp |
| Annual return | 10.80% | 50.33%-39.5pp | 32.23%-21.4pp | 20.14%-9.3pp |
| Employer contribution / active EE | $993 | $3,444-71.2% | $5,501-82.0% | $2,281-56.5% |
| Participant deferral / active EE | $1,626 | $3,046-46.6% | $4,871-66.6% | $3,203-49.2% |
| Admin fee / account holder | $59 | $5,561-98.9% | $13,028-99.6% | $4,296-98.6% |