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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 | $8,445 | $215,361-96.1% | $171,082-95.1% | $273,972-96.9% |
| Participation rate | 35.3% | 82.0%-46.7pp | 76.7%-41.4pp | 83.0%-47.7pp |
| Annual return | 33.16% | 25.14%+8.0pp | 32.56%+0.6pp | 41.46%-8.3pp |
| Employer contribution / active EE | $1,050 | $4,967-78.9% | $4,002-73.8% | $4,869-78.4% |
| Participant deferral / active EE | $1,403 | $5,543-74.7% | $4,797-70.8% | $5,287-73.5% |
| Admin fee / account holder | $4 | $10,846-100.0% | $8,520-100.0% | $10,133-100.0% |