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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 | $14,904 | $135,956-89.0% | $123,894-88.0% | $273,972-94.6% |
| Participation rate | 66.7% | 84.1%-17.4pp | 81.4%-14.7pp | 83.0%-16.3pp |
| Annual return | 22.77% | 56.63%-33.9pp | 47.52%-24.8pp | 41.46%-18.7pp |
| Employer contribution / active EE | $0 | $5,170-100.0% | $4,617-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $7,769 | $6,343+22.5% | $5,984+29.8% | $5,287+46.9% |
| Admin fee / account holder | $154 | $9,817-98.4% | $8,357-98.2% | $10,133-98.5% |