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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 | $17,184 | $72,177-76.2% | $115,038-85.1% | $59,633-71.2% |
| Participation rate | 69.7% | 72.6%-2.9pp | 81.4%-11.7pp | 68.7%+1.0pp |
| Annual return | 10.53% | 12.02%-1.5pp | 26.14%-15.6pp | 2041.45%-2030.9pp |
| Employer contribution / active EE | $3,070 | $2,841+8.0% | $4,608-33.4% | $2,203+39.4% |
| Participant deferral / active EE | $5,467 | $4,783+14.3% | $6,026-9.3% | $3,192+71.3% |
| Admin fee / account holder | $194 | $4,927-96.1% | $8,175-97.6% | $4,297-95.5% |