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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 | $17,377 | $124,425-86.0% | $112,040-84.5% | $137,256-87.3% |
| Participation rate | 50.0% | 79.3%-29.3pp | 76.5%-26.5pp | 80.0%-30.0pp |
| Annual return | 20.19% | 24.72%-4.5pp | 24.52%-4.3pp | 220.34%-200.1pp |
| Employer contribution / active EE | $1,016 | $3,411-70.2% | $2,954-65.6% | $4,156-75.5% |
| Participant deferral / active EE | $2,976 | $5,718-48.0% | $5,098-41.6% | $6,407-53.6% |
| Admin fee / account holder | $199 | $15,207-98.7% | $12,098-98.4% | $12,270-98.4% |