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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 | $14,006 | $99,345-85.9% | $84,753-83.5% | $273,972-94.9% |
| Participation rate | 44.4% | 80.7%-36.3pp | 76.6%-32.1pp | 83.0%-38.6pp |
| Annual return | 14.32% | 22.93%-8.6pp | 22.78%-8.5pp | 41.46%-27.1pp |
| Employer contribution / active EE | $901 | $4,214-78.6% | $3,574-74.8% | $4,869-81.5% |
| Participant deferral / active EE | $3,367 | $4,270-21.2% | $3,712-9.3% | $5,287-36.3% |
| Admin fee / account holder | $202 | $6,645-97.0% | $5,333-96.2% | $10,133-98.0% |