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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 | $21,771 | $181,896-88.0% | $156,551-86.1% | $273,972-92.1% |
| Participation rate | 40.0% | 88.4%-48.4pp | 84.0%-44.0pp | 83.0%-43.0pp |
| Annual return | 21.59% | 30.74%-9.2pp | 32.23%-10.6pp | 41.46%-19.9pp |
| Employer contribution / active EE | $1,932 | $6,248-69.1% | $5,501-64.9% | $4,869-60.3% |
| Participant deferral / active EE | $4,080 | $5,550-26.5% | $4,871-16.2% | $5,287-22.8% |
| Admin fee / account holder | $0 | $15,560-100.0% | $13,028-100.0% | $10,133-100.0% |