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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 | $18,014 | $93,346-80.7% | $71,796-74.9% | $273,972-93.4% |
| Participation rate | 56.5% | 76.5%-20.0pp | 69.1%-12.6pp | 83.0%-26.5pp |
| Annual return | 68.71% | 130.39%-61.7pp | 78.04%-9.3pp | 41.46%+27.3pp |
| Employer contribution / active EE | $1,311 | $2,733-52.0% | $1,924-31.9% | $4,869-73.1% |
| Participant deferral / active EE | $1,879 | $3,475-45.9% | $2,794-32.8% | $5,287-64.5% |
| Admin fee / account holder | $0 | $6,571-100.0% | $4,815-100.0% | $10,133-100.0% |