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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 | $17,934 | $58,493-69.3% | $84,021-78.7% | $72,975-75.4% |
| Participation rate | 23.7% | 61.2%-37.5pp | 69.0%-45.3pp | 69.5%-45.8pp |
| Annual return | 40.09% | 28.93%+11.2pp | 71.32%-31.2pp | 81.01%-40.9pp |
| Employer contribution / active EE | $703 | $1,163-39.6% | $1,984-64.6% | $2,440-71.2% |
| Participant deferral / active EE | $1,531 | $2,394-36.0% | $3,239-52.7% | $3,608-57.6% |
| Admin fee / account holder | $0 | $4,569-100.0% | $6,102-100.0% | $5,124-100.0% |