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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 | $12,599 | $98,240-87.2% | $82,313-84.7% | $147,585-91.5% |
| Participation rate | 69.2% | 79.7%-10.5pp | 76.9%-7.7pp | 82.8%-13.6pp |
| Annual return | 25.01% | 30.85%-5.8pp | 25.88%-0.9pp | 578.58%-553.6pp |
| Employer contribution / active EE | $1,666 | $3,192-47.8% | $2,428-31.4% | $4,876-65.8% |
| Participant deferral / active EE | $3,579 | $4,383-18.3% | $3,706-3.4% | $5,439-34.2% |
| Admin fee / account holder | $225 | $8,563-97.4% | $5,608-96.0% | $10,886-97.9% |