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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 | $13,031 | $110,307-88.2% | $96,576-86.5% | $139,456-90.7% |
| Participation rate | 58.3% | 78.1%-19.8pp | 76.0%-17.6pp | 80.3%-22.0pp |
| Annual return | 22.81% | 26.40%-3.6pp | 25.87%-3.1pp | 373.45%-350.6pp |
| Employer contribution / active EE | $1,190 | $3,619-67.1% | $2,965-59.9% | $4,753-75.0% |
| Participant deferral / active EE | $1,966 | $5,547-64.6% | $4,851-59.5% | $6,711-70.7% |
| Admin fee / account holder | $146 | $11,597-98.7% | $8,253-98.2% | $11,407-98.7% |