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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 | $18,304 | $103,392-82.3% | $87,104-79.0% | $152,897-88.0% |
| Participation rate | 27.3% | 79.4%-52.1pp | 76.9%-49.6pp | 82.5%-55.2pp |
| Annual return | 16.44% | 28.10%-11.7pp | 28.19%-11.7pp | 345.43%-329.0pp |
| Employer contribution / active EE | $1,177 | $3,221-63.5% | $2,521-53.3% | $4,764-75.3% |
| Participant deferral / active EE | $5,487 | $4,778+14.8% | $4,048+35.5% | $5,851-6.2% |
| Admin fee / account holder | $129 | $12,194-98.9% | $7,491-98.3% | $11,599-98.9% |