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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 | $13,655 | $104,251-86.9% | $91,004-85.0% | $147,586-90.7% |
| Participation rate | 45.5% | 78.2%-32.8pp | 75.6%-30.1pp | 82.8%-37.4pp |
| Annual return | 13.92% | 27.06%-13.1pp | 4.60%+9.3pp | 578.59%-564.7pp |
| Employer contribution / active EE | $988 | $3,116-68.3% | $2,456-59.8% | $4,876-79.7% |
| Participant deferral / active EE | $1,482 | $4,195-64.7% | $3,548-58.2% | $5,439-72.8% |
| Admin fee / account holder | $16 | $8,948-99.8% | $5,417-99.7% | $10,886-99.8% |