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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 | $12,288 | $65,364-81.2% | $92,909-86.8% | $72,975-83.2% |
| Participation rate | 56.8% | 68.3%-11.6pp | 76.0%-19.2pp | 69.5%-12.7pp |
| Annual return | 30.47% | 42.11%-11.6pp | 109.44%-79.0pp | 81.01%-50.5pp |
| Employer contribution / active EE | $1,188 | $2,594-54.2% | $3,653-67.5% | $2,440-51.3% |
| Participant deferral / active EE | $2,477 | $3,128-20.8% | $4,238-41.6% | $3,608-31.3% |
| Admin fee / account holder | $0 | $4,251-100.0% | $5,795-100.0% | $5,124-100.0% |