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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 | $26,191 | $80,985-67.7% | $96,576-72.9% | $75,181-65.2% |
| Participation rate | 55.4% | 71.8%-16.4pp | 76.0%-20.6pp | 67.2%-11.8pp |
| Annual return | 16.64% | 27.05%-10.4pp | 25.87%-9.2pp | 160.69%-144.0pp |
| Employer contribution / active EE | $0 | $2,282-100.0% | $2,965-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $2,908 | $3,929-26.0% | $4,851-40.0% | $4,126-29.5% |
| Admin fee / account holder | $96 | $6,719-98.6% | $8,253-98.8% | $5,650-98.3% |