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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 | $13,445 | $93,346-85.6% | $71,796-81.3% | $273,972-95.1% |
| Participation rate | 42.9% | 76.5%-33.7pp | 69.1%-26.3pp | 83.0%-40.2pp |
| Annual return | 12.82% | 130.39%-117.6pp | 78.04%-65.2pp | 41.46%-28.6pp |
| Employer contribution / active EE | $1,379 | $2,733-49.5% | $1,924-28.3% | $4,869-71.7% |
| Participant deferral / active EE | $4,369 | $3,475+25.7% | $2,794+56.3% | $5,287-17.4% |
| Admin fee / account holder | $13 | $6,571-99.8% | $4,815-99.7% | $10,133-99.9% |