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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 | $26,817 | $181,896-85.3% | $156,551-82.9% | $273,972-90.2% |
| Participation rate | 41.2% | 88.4%-47.2pp | 84.0%-42.8pp | 83.0%-41.8pp |
| Annual return | 14.62% | 30.74%-16.1pp | 32.23%-17.6pp | 41.46%-26.8pp |
| Employer contribution / active EE | $1,819 | $6,248-70.9% | $5,501-66.9% | $4,869-62.6% |
| Participant deferral / active EE | $2,493 | $5,550-55.1% | $4,871-48.8% | $5,287-52.8% |
| Admin fee / account holder | $0 | $15,560-100.0% | $13,028-100.0% | $10,133-100.0% |