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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 | $13,551 | $91,037-85.1% | $71,671-81.1% | $147,586-90.8% |
| Participation rate | 50.0% | 76.1%-26.1pp | 68.7%-18.7pp | 82.8%-32.8pp |
| Annual return | 19.62% | 20.48%-0.9pp | 20.65%-1.0pp | 578.59%-559.0pp |
| Employer contribution / active EE | $1,116 | $3,327-66.5% | $2,460-54.6% | $4,876-77.1% |
| Participant deferral / active EE | $1,692 | $4,498-62.4% | $3,438-50.8% | $5,439-68.9% |
| Admin fee / account holder | $33 | $8,613-99.6% | $5,558-99.4% | $10,886-99.7% |