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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 | $16,718 | $227,597-92.7% | $189,575-91.2% | $167,536-90.0% |
| Participation rate | 58.3% | 82.5%-24.2pp | 78.4%-20.1pp | 82.1%-23.8pp |
| Annual return | 18.41% | 78.44%-60.0pp | 64.19%-45.8pp | 478.82%-460.4pp |
| Employer contribution / active EE | $1,595 | $5,316-70.0% | $4,412-63.9% | $4,839-67.0% |
| Participant deferral / active EE | $4,398 | $7,002-37.2% | $6,174-28.8% | $6,342-30.7% |
| Admin fee / account holder | $124 | $11,877-99.0% | $9,806-98.7% | $12,315-99.0% |