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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 | $11,544 | $58,512-80.3% | $84,020-86.3% | $72,983-84.2% |
| Participation rate | 39.4% | 61.2%-21.8pp | 69.0%-29.6pp | 69.5%-30.1pp |
| Annual return | 36.68% | 28.93%+7.7pp | 71.31%-34.6pp | 81.01%-44.3pp |
| Employer contribution / active EE | $679 | $1,163-41.6% | $1,984-65.7% | $2,440-72.2% |
| Participant deferral / active EE | $1,612 | $2,394-32.7% | $3,239-50.2% | $3,608-55.3% |
| Admin fee / account holder | $0 | $4,569-100.0% | $6,101-100.0% | $5,124-100.0% |