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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 | $9,709 | $105,623-90.8% | $87,502-88.9% | $273,972-96.5% |
| Participation rate | 40.0% | 78.2%-38.2pp | 73.8%-33.8pp | 83.0%-43.0pp |
| Annual return | 32.03% | 12.26%+19.8pp | 12.21%+19.8pp | 41.46%-9.4pp |
| Employer contribution / active EE | $1,722 | $3,141-45.2% | $2,550-32.5% | $4,869-64.6% |
| Participant deferral / active EE | $2,688 | $3,601-25.3% | $3,149-14.6% | $5,287-49.2% |
| Admin fee / account holder | $0 | $4,781-100.0% | $4,221-100.0% | $10,133-100.0% |