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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 | $12,508 | $51,184-75.6% | $66,439-81.2% | $86,983-85.6% |
| Participation rate | 49.3% | 68.5%-19.2pp | 74.5%-25.2pp | 69.5%-20.3pp |
| Annual return | 17.06% | 17.07%0pp | 757.66%-740.6pp | 25.83%-8.8pp |
| Employer contribution / active EE | $884 | $2,023-56.3% | $2,637-66.5% | $2,584-65.8% |
| Participant deferral / active EE | $2,321 | $2,927-20.7% | $3,876-40.1% | $4,194-44.7% |
| Admin fee / account holder | $221 | $4,154-94.7% | $6,173-96.4% | $7,856-97.2% |