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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 | $15,090 | $41,377-63.5% | $109,313-86.2% | $62,881-76.0% |
| Participation rate | 47.4% | 57.5%-10.2pp | 71.3%-23.9pp | 69.3%-21.9pp |
| Annual return | 9.85% | 11.05%-1.2pp | 22.07%-12.2pp | 20.14%-10.3pp |
| Employer contribution / active EE | $1,108 | $1,276-13.2% | $3,892-71.5% | $2,281-51.4% |
| Participant deferral / active EE | $2,113 | $2,045+3.3% | $3,166-33.3% | $3,203-34.0% |
| Admin fee / account holder | $0 | $2,884-100.0% | $5,666-100.0% | $4,296-100.0% |