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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 | $16,553 | $127,096-87.0% | $105,736-84.3% | $135,380-87.8% |
| Participation rate | 43.8% | 82.7%-39.0pp | 76.3%-32.6pp | 82.6%-38.9pp |
| Annual return | 15.57% | 4.49%+11.1pp | 6.27%+9.3pp | 519.81%-504.2pp |
| Employer contribution / active EE | $1,453 | $4,107-64.6% | $3,268-55.5% | $4,779-69.6% |
| Participant deferral / active EE | $3,017 | $5,064-40.4% | $4,080-26.0% | $5,609-46.2% |
| Admin fee / account holder | $219 | $9,087-97.6% | $6,913-96.8% | $10,828-98.0% |