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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 | $23,399 | $210,343-88.9% | $153,432-84.7% | $145,959-84.0% |
| Participation rate | 41.7% | 82.1%-40.4pp | 77.1%-35.4pp | 80.3%-38.6pp |
| Annual return | 18.97% | 13.38%+5.6pp | 15.66%+3.3pp | 561.95%-543.0pp |
| Employer contribution / active EE | $1,972 | $6,047-67.4% | $5,038-60.9% | $4,661-57.7% |
| Participant deferral / active EE | $2,191 | $7,977-72.5% | $6,757-67.6% | $6,689-67.2% |
| Admin fee / account holder | $0 | $19,424-100.0% | $12,725-100.0% | $13,398-100.0% |