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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 | $53,684 | $254,759-78.9% | $216,567-75.2% | $198,609-73.0% |
| Participation rate | 60.0% | 84.5%-24.5pp | 81.6%-21.6pp | 82.4%-22.4pp |
| Annual return | 14.90% | 10.04%+4.9pp | 12.94%+2.0pp | 202.70%-187.8pp |
| Employer contribution / active EE | $1,618 | $6,096-73.5% | $5,216-69.0% | $5,055-68.0% |
| Participant deferral / active EE | $4,662 | $6,948-32.9% | $6,191-24.7% | $6,977-33.2% |
| Admin fee / account holder | $0 | $26,311-100.0% | $21,981-100.0% | $19,030-100.0% |