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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 | $14,711 | $85,766-82.8% | $136,298-89.2% | $70,126-79.0% |
| Participation rate | 50.0% | 74.2%-24.2pp | 81.9%-31.9pp | 69.5%-19.5pp |
| Annual return | 22.62% | 31.46%-8.8pp | 5156.27%-5133.6pp | 73.15%-50.5pp |
| Employer contribution / active EE | $1,237 | $2,966-58.3% | $4,696-73.7% | $2,343-47.2% |
| Participant deferral / active EE | $2,287 | $5,051-54.7% | $6,247-63.4% | $3,332-31.4% |
| Admin fee / account holder | $212 | $5,421-96.1% | $9,244-97.7% | $4,645-95.4% |