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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 | $14,544 | $96,558-84.9% | $80,977-82.0% | $273,972-94.7% |
| Participation rate | 65.0% | 79.1%-14.1pp | 75.8%-10.8pp | 83.0%-18.0pp |
| Annual return | 28.22% | 15.14%+13.1pp | 17.11%+11.1pp | 41.46%-13.2pp |
| Employer contribution / active EE | $2,177 | $4,869-55.3% | $3,715-41.4% | $4,869-55.3% |
| Participant deferral / active EE | $2,938 | $6,598-55.5% | $5,696-48.4% | $5,287-44.4% |
| Admin fee / account holder | $123 | $7,493-98.4% | $5,517-97.8% | $10,133-98.8% |