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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 | $20,100 | $78,705-74.5% | $117,857-82.9% | $70,131-71.3% |
| Participation rate | 50.0% | 73.2%-23.2pp | 79.7%-29.7pp | 69.5%-19.5pp |
| Annual return | 13.36% | 23.30%-9.9pp | 335.09%-321.7pp | 73.14%-59.8pp |
| Employer contribution / active EE | $995 | $2,223-55.3% | $3,786-73.7% | $2,342-57.5% |
| Participant deferral / active EE | $2,229 | $3,297-32.4% | $4,482-50.3% | $3,332-33.1% |
| Admin fee / account holder | $231 | $5,065-95.4% | $8,020-97.1% | $4,645-95.0% |