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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 | $13,145 | $58,493-77.5% | $84,023-84.4% | $72,976-82.0% |
| Participation rate | 33.3% | 61.2%-27.9pp | 69.0%-35.7pp | 69.5%-36.2pp |
| Annual return | 36.18% | 28.93%+7.2pp | 71.32%-35.1pp | 81.02%-44.8pp |
| Employer contribution / active EE | $827 | $1,163-28.9% | $1,984-58.3% | $2,440-66.1% |
| Participant deferral / active EE | $1,500 | $2,394-37.3% | $3,239-53.7% | $3,608-58.4% |
| Admin fee / account holder | $72 | $4,569-98.4% | $6,102-98.8% | $5,124-98.6% |