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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 | $15,187 | $56,894-73.3% | $84,753-82.1% | $62,881-75.8% |
| Participation rate | 41.7% | 68.5%-26.9pp | 76.6%-34.9pp | 69.3%-27.6pp |
| Annual return | 27.05% | 6.30%+20.8pp | 22.78%+4.3pp | 20.14%+6.9pp |
| Employer contribution / active EE | $885 | $2,400-63.1% | $3,574-75.2% | $2,281-61.2% |
| Participant deferral / active EE | $2,710 | $2,7090% | $3,712-27.0% | $3,203-15.4% |
| Admin fee / account holder | $0 | $3,581-100.0% | $5,333-100.0% | $4,296-100.0% |