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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 | $19,124 | $135,956-85.9% | $123,894-84.6% | $273,972-93.0% |
| Participation rate | 60.0% | 84.1%-24.1pp | 81.4%-21.4pp | 83.0%-23.0pp |
| Annual return | 4.09% | 56.63%-52.5pp | 47.52%-43.4pp | 41.46%-37.4pp |
| Employer contribution / active EE | $1,022 | $5,170-80.2% | $4,617-77.9% | $4,869-79.0% |
| Participant deferral / active EE | $4,339 | $6,343-31.6% | $5,984-27.5% | $5,287-17.9% |
| Admin fee / account holder | $202 | $9,817-97.9% | $8,357-97.6% | $10,133-98.0% |