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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 | $42,670 | $212,777-79.9% | $173,703-75.4% | $198,609-78.5% |
| Participation rate | 62.5% | 81.1%-18.6pp | 75.9%-13.4pp | 82.4%-19.9pp |
| Annual return | 19.63% | 18.82%+0.8pp | 17.46%+2.2pp | 202.70%-183.1pp |
| Employer contribution / active EE | $1,381 | $5,214-73.5% | $4,288-67.8% | $5,055-72.7% |
| Participant deferral / active EE | $2,766 | $5,697-51.4% | $4,854-43.0% | $6,977-60.4% |
| Admin fee / account holder | $0 | $19,536-100.0% | $15,562-100.0% | $19,030-100.0% |