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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 | $7,226 | $107,809-93.3% | $97,032-92.6% | $155,188-95.3% |
| Participation rate | 63.6% | 75.5%-11.8pp | 71.6%-7.9pp | 80.8%-17.2pp |
| Annual return | 19.97% | 38.06%-18.1pp | 35.38%-15.4pp | 148.84%-128.9pp |
| Employer contribution / active EE | $1,150 | $2,911-60.5% | $2,629-56.3% | $4,248-72.9% |
| Participant deferral / active EE | $1,785 | $5,129-65.2% | $4,672-61.8% | $6,531-72.7% |
| Admin fee / account holder | $35 | $10,717-99.7% | $9,418-99.6% | $14,480-99.8% |