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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 | $10,841 | $76,551-85.8% | $123,894-91.3% | $62,881-82.8% |
| Participation rate | 47.2% | 73.0%-25.8pp | 81.4%-34.2pp | 69.3%-22.1pp |
| Annual return | 14.09% | 18.68%-4.6pp | 47.52%-33.4pp | 20.14%-6.1pp |
| Employer contribution / active EE | $883 | $2,882-69.4% | $4,617-80.9% | $2,281-61.3% |
| Participant deferral / active EE | $2,173 | $4,840-55.1% | $5,984-63.7% | $3,203-32.2% |
| Admin fee / account holder | $0 | $4,826-100.0% | $8,357-100.0% | $4,296-100.0% |