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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 | $17,532 | $76,551-77.1% | $123,894-85.8% | $62,881-72.1% |
| Participation rate | 53.4% | 73.0%-19.6pp | 81.4%-28.0pp | 69.3%-15.9pp |
| Annual return | 10.61% | 18.68%-8.1pp | 47.52%-36.9pp | 20.14%-9.5pp |
| Employer contribution / active EE | $1,117 | $2,882-61.2% | $4,617-75.8% | $2,281-51.0% |
| Participant deferral / active EE | $2,590 | $4,840-46.5% | $5,984-56.7% | $3,203-19.1% |
| Admin fee / account holder | $10 | $4,826-99.8% | $8,357-99.9% | $4,296-99.8% |