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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 | $20,291 | $78,670-74.2% | $109,173-81.4% | $85,847-76.4% |
| Participation rate | 36.0% | 68.3%-32.3pp | 75.9%-39.9pp | 69.3%-33.3pp |
| Annual return | 16.93% | 25.09%-8.2pp | 25.75%-8.8pp | 318.61%-301.7pp |
| Employer contribution / active EE | $811 | $2,734-70.3% | $3,723-78.2% | $2,565-68.4% |
| Participant deferral / active EE | $1,952 | $3,467-43.7% | $4,654-58.1% | $3,952-50.6% |
| Admin fee / account holder | $198 | $5,469-96.4% | $6,755-97.1% | $6,261-96.8% |