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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 | $20,087 | $65,034-69.1% | $90,970-77.9% | $79,856-74.8% |
| Participation rate | 32.1% | 61.6%-29.5pp | 69.0%-36.9pp | 69.6%-37.5pp |
| Annual return | 23.70% | 30.45%-6.8pp | 134.60%-110.9pp | 31.71%-8.0pp |
| Employer contribution / active EE | $846 | $1,247-32.2% | $2,122-60.1% | $2,471-65.8% |
| Participant deferral / active EE | $1,270 | $2,512-49.4% | $3,373-62.3% | $3,741-66.0% |
| Admin fee / account holder | $0 | $4,536-100.0% | $5,961-100.0% | $5,306-100.0% |