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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 | $13,812 | $138,312-90.0% | $122,979-88.8% | $155,188-91.1% |
| Participation rate | 58.3% | 80.2%-21.9pp | 77.2%-18.9pp | 80.8%-22.5pp |
| Annual return | 24.27% | 22.06%+2.2pp | 20.12%+4.2pp | 148.84%-124.6pp |
| Employer contribution / active EE | $1,187 | $3,530-66.4% | $3,062-61.2% | $4,248-72.1% |
| Participant deferral / active EE | $2,050 | $5,592-63.3% | $5,003-59.0% | $6,531-68.6% |
| Admin fee / account holder | $21 | $15,089-99.9% | $12,864-99.8% | $14,480-99.9% |