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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 | $23,134 | $185,883-87.6% | $170,043-86.4% | $139,466-83.4% |
| Participation rate | 66.7% | 87.8%-21.1pp | 87.0%-20.3pp | 80.3%-13.7pp |
| Annual return | 29.64% | 60.54%-30.9pp | 53.40%-23.8pp | 373.66%-344.0pp |
| Employer contribution / active EE | $3,017 | $7,596-60.3% | $6,790-55.6% | $4,754-36.5% |
| Participant deferral / active EE | $4,401 | $11,626-62.1% | $10,410-57.7% | $6,712-34.4% |
| Admin fee / account holder | $20 | $15,393-99.9% | $12,824-99.8% | $11,409-99.8% |