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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 | $23,701 | $185,905-87.3% | $170,057-86.1% | $139,487-83.0% |
| Participation rate | 50.0% | 87.8%-37.8pp | 87.0%-37.0pp | 80.3%-30.3pp |
| Annual return | 22.09% | 60.56%-38.5pp | 53.42%-31.3pp | 373.84%-351.8pp |
| Employer contribution / active EE | $1,441 | $7,597-81.0% | $6,790-78.8% | $4,755-69.7% |
| Participant deferral / active EE | $5,389 | $11,627-53.6% | $10,411-48.2% | $6,713-19.7% |
| Admin fee / account holder | $20 | $15,397-99.9% | $12,826-99.8% | $11,407-99.8% |