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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 | $21,727 | $165,381-86.9% | $149,730-85.5% | $158,966-86.3% |
| Participation rate | 54.5% | 84.6%-30.0pp | 82.5%-27.9pp | 82.0%-27.4pp |
| Annual return | 42.42% | 348.29%-305.9pp | 276.70%-234.3pp | 302.95%-260.5pp |
| Employer contribution / active EE | $0 | $5,104-100.0% | $4,645-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $7,296 | $7,182+1.6% | $6,843+6.6% | $5,983+21.9% |
| Admin fee / account holder | $58 | $10,809-99.5% | $9,310-99.4% | $11,250-99.5% |