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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 | $14,223 | $153,769-90.8% | $133,975-89.4% | $273,972-94.8% |
| Participation rate | 54.5% | 88.4%-33.8pp | 87.1%-32.5pp | 83.0%-28.5pp |
| Annual return | 8.81% | 36.51%-27.7pp | 29.29%-20.5pp | 41.46%-32.6pp |
| Employer contribution / active EE | $0 | $6,029-100.0% | $5,211-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $3,463 | $6,958-50.2% | $6,282-44.9% | $5,287-34.5% |
| Admin fee / account holder | $229 | $11,765-98.1% | $9,324-97.5% | $10,133-97.7% |