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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 | $15,844 | $153,311-89.7% | $109,313-85.5% | $273,972-94.2% |
| Participation rate | 55.6% | 80.1%-24.5pp | 71.3%-15.7pp | 83.0%-27.5pp |
| Annual return | 9.33% | 29.86%-20.5pp | 22.07%-12.7pp | 41.46%-32.1pp |
| Employer contribution / active EE | $780 | $5,619-86.1% | $3,892-80.0% | $4,869-84.0% |
| Participant deferral / active EE | $885 | $3,932-77.5% | $3,166-72.1% | $5,287-83.3% |
| Admin fee / account holder | $0 | $8,076-100.0% | $5,666-100.0% | $10,133-100.0% |