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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 | $22,361 | $177,156-87.4% | $147,027-84.8% | $154,746-85.5% |
| Participation rate | 65.0% | 79.4%-14.4pp | 73.7%-8.7pp | 80.7%-15.7pp |
| Annual return | 19.98% | 21.94%-2.0pp | 20.23%-0.3pp | 172.34%-152.4pp |
| Employer contribution / active EE | $1,204 | $4,336-72.2% | $3,626-66.8% | $4,379-72.5% |
| Participant deferral / active EE | $2,636 | $5,797-54.5% | $4,933-46.6% | $6,730-60.8% |
| Admin fee / account holder | $220 | $14,904-98.5% | $12,223-98.2% | $14,365-98.5% |