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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 | $19,615 | $104,251-81.2% | $91,004-78.4% | $147,585-86.7% |
| Participation rate | 33.3% | 78.2%-44.9pp | 75.6%-42.3pp | 82.8%-49.5pp |
| Annual return | 13.46% | 27.06%-13.6pp | 4.60%+8.9pp | 578.58%-565.1pp |
| Employer contribution / active EE | $744 | $3,116-76.1% | $2,456-69.7% | $4,876-84.7% |
| Participant deferral / active EE | $3,719 | $4,195-11.3% | $3,548+4.8% | $5,439-31.6% |
| Admin fee / account holder | $188 | $8,948-97.9% | $5,417-96.5% | $10,886-98.3% |