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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 | $13,550 | $77,817-82.6% | $123,553-89.0% | $64,173-78.9% |
| Participation rate | 54.8% | 74.7%-19.9pp | 82.3%-27.5pp | 69.6%-14.7pp |
| Annual return | 12.91% | 12.49%+0.4pp | 119.21%-106.3pp | 7.63%+5.3pp |
| Employer contribution / active EE | $0 | $3,014-100.0% | $4,628-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $3,794 | $5,240-27.6% | $6,426-41.0% | $3,470+9.3% |
| Admin fee / account holder | $14 | $5,519-99.7% | $9,284-99.9% | $4,887-99.7% |