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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 | $10,902 | $96,956-88.8% | $69,779-84.4% | $273,972-96.0% |
| Participation rate | 50.0% | 77.1%-27.1pp | 71.8%-21.8pp | 83.0%-33.0pp |
| Annual return | 13.09% | 12.93%+0.2pp | 12.99%+0.1pp | 41.46%-28.4pp |
| Employer contribution / active EE | $1,020 | $3,316-69.2% | $2,338-56.4% | $4,869-79.1% |
| Participant deferral / active EE | $1,591 | $3,744-57.5% | $2,931-45.7% | $5,287-69.9% |
| Admin fee / account holder | $0 | $7,934-100.0% | $4,381-100.0% | $10,133-100.0% |