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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 | $17,938 | $57,828-69.0% | $117,039-84.7% | $70,126-74.4% |
| Participation rate | 28.1% | 67.1%-39.0pp | 77.2%-49.1pp | 69.5%-41.4pp |
| Annual return | 18.98% | 17.55%+1.4pp | 18.95%0pp | 73.15%-54.2pp |
| Employer contribution / active EE | $523 | $1,816-71.2% | $3,785-86.2% | $2,343-77.7% |
| Participant deferral / active EE | $1,911 | $2,438-21.6% | $3,929-51.4% | $3,332-42.7% |
| Admin fee / account holder | $98 | $3,548-97.2% | $5,974-98.4% | $4,645-97.9% |