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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 | $19,436 | $181,896-89.3% | $156,551-87.6% | $273,972-92.9% |
| Participation rate | 57.1% | 88.4%-31.2pp | 84.0%-26.9pp | 83.0%-25.9pp |
| Annual return | 11.70% | 30.74%-19.0pp | 32.23%-20.5pp | 41.46%-29.8pp |
| Employer contribution / active EE | $1,392 | $6,248-77.7% | $5,501-74.7% | $4,869-71.4% |
| Participant deferral / active EE | $3,520 | $5,550-36.6% | $4,871-27.7% | $5,287-33.4% |
| Admin fee / account holder | $0 | $15,560-100.0% | $13,028-100.0% | $10,133-100.0% |