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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 | $16,783 | $56,110-70.1% | $94,993-82.3% | $70,126-76.1% |
| Participation rate | 21.2% | 65.0%-43.8pp | 73.9%-52.7pp | 69.5%-48.3pp |
| Annual return | 25.97% | 51.02%-25.1pp | 27.14%-1.2pp | 73.15%-47.2pp |
| Employer contribution / active EE | $489 | $1,442-66.1% | $2,603-81.2% | $2,343-79.1% |
| Participant deferral / active EE | $1,080 | $2,391-54.8% | $3,317-67.5% | $3,332-67.6% |
| Admin fee / account holder | $0 | $3,456-100.0% | $4,960-100.0% | $4,645-100.0% |