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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 | $13,638 | $71,197-80.8% | $93,669-85.4% | $80,925-83.1% |
| Participation rate | 42.3% | 60.4%-18.1pp | 68.7%-26.4pp | 67.7%-25.4pp |
| Annual return | 23.83% | 11.27%+12.6pp | 133.59%-109.8pp | 35.65%-11.8pp |
| Employer contribution / active EE | $1,094 | $1,565-30.1% | $2,424-54.8% | $2,756-60.3% |
| Participant deferral / active EE | $1,287 | $4,036-68.1% | $4,416-70.8% | $4,299-70.1% |
| Admin fee / account holder | $48 | $6,959-99.3% | $8,291-99.4% | $6,940-99.3% |