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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 | $14,477 | $64,359-77.5% | $90,161-83.9% | $70,126-79.4% |
| Participation rate | 49.0% | 70.4%-21.5pp | 76.9%-27.9pp | 69.5%-20.6pp |
| Annual return | 31.71% | 28.13%+3.6pp | 34.89%-3.2pp | 73.15%-41.4pp |
| Employer contribution / active EE | $0 | $2,046-100.0% | $3,318-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $3,305 | $4,389-24.7% | $5,287-37.5% | $3,332-0.8% |
| Admin fee / account holder | $10 | $3,945-99.7% | $5,943-99.8% | $4,645-99.8% |