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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 | $13,414 | $81,446-83.5% | $103,374-87.0% | $80,874-83.4% |
| Participation rate | 46.2% | 66.9%-20.7pp | 74.5%-28.4pp | 67.6%-21.5pp |
| Annual return | 19.60% | 25.57%-6.0pp | 24.89%-5.3pp | 35.62%-16.0pp |
| Employer contribution / active EE | $1,274 | $3,107-59.0% | $3,869-67.1% | $2,756-53.8% |
| Participant deferral / active EE | $2,508 | $3,870-35.2% | $5,058-50.4% | $4,297-41.6% |
| Admin fee / account holder | $0 | $6,715-100.0% | $8,394-100.0% | $6,935-100.0% |