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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 | $10,853 | $96,558-88.8% | $80,977-86.6% | $273,972-96.0% |
| Participation rate | 60.9% | 79.1%-18.2pp | 75.8%-14.9pp | 83.0%-22.1pp |
| Annual return | 45.63% | 15.14%+30.5pp | 17.11%+28.5pp | 41.46%+4.2pp |
| Employer contribution / active EE | $1,761 | $4,869-63.8% | $3,715-52.6% | $4,869-63.8% |
| Participant deferral / active EE | $2,957 | $6,598-55.2% | $5,696-48.1% | $5,287-44.1% |
| Admin fee / account holder | $91 | $7,493-98.8% | $5,517-98.4% | $10,133-99.1% |