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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 | $11,303 | $105,856-89.3% | $90,161-87.5% | $147,586-92.3% |
| Participation rate | 62.5% | 79.7%-17.2pp | 76.9%-14.4pp | 82.8%-20.3pp |
| Annual return | 21.08% | 37.63%-16.6pp | 34.89%-13.8pp | 578.59%-557.5pp |
| Employer contribution / active EE | $1,146 | $4,126-72.2% | $3,318-65.5% | $4,876-76.5% |
| Participant deferral / active EE | $1,831 | $5,733-68.1% | $5,287-65.4% | $5,439-66.3% |
| Admin fee / account holder | $105 | $8,046-98.7% | $5,943-98.2% | $10,886-99.0% |