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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 | $10,896 | $96,558-88.7% | $80,977-86.5% | $273,972-96.0% |
| Participation rate | 50.0% | 79.1%-29.1pp | 75.8%-25.8pp | 83.0%-33.0pp |
| Annual return | 20.80% | 15.14%+5.7pp | 17.11%+3.7pp | 41.46%-20.7pp |
| Employer contribution / active EE | $2,441 | $4,869-49.9% | $3,715-34.3% | $4,869-49.9% |
| Participant deferral / active EE | $2,516 | $6,598-61.9% | $5,696-55.8% | $5,287-52.4% |
| Admin fee / account holder | $184 | $7,493-97.5% | $5,517-96.7% | $10,133-98.2% |