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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 | $13,120 | $78,707-83.3% | $117,861-88.9% | $70,126-81.3% |
| Participation rate | 68.2% | 73.2%-5.0pp | 79.7%-11.5pp | 69.5%-1.4pp |
| Annual return | 12.60% | 23.30%-10.7pp | 335.11%-322.5pp | 73.15%-60.5pp |
| Employer contribution / active EE | $1,424 | $2,223-36.0% | $3,786-62.4% | $2,343-39.2% |
| Participant deferral / active EE | $4,375 | $3,297+32.7% | $4,482-2.4% | $3,332+31.3% |
| Admin fee / account holder | $21 | $5,066-99.6% | $8,021-99.7% | $4,645-99.5% |