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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 | $11,404 | $58,391-80.5% | $76,667-85.1% | $72,976-84.4% |
| Participation rate | 41.9% | 67.4%-25.4pp | 72.1%-30.2pp | 69.5%-27.6pp |
| Annual return | 42.18% | 2306.65%-2264.5pp | 1166.74%-1124.6pp | 81.02%-38.8pp |
| Employer contribution / active EE | $493 | $1,787-72.4% | $2,303-78.6% | $2,440-79.8% |
| Participant deferral / active EE | $2,656 | $2,690-1.3% | $3,336-20.4% | $3,608-26.4% |
| Admin fee / account holder | $80 | $4,014-98.0% | $6,423-98.8% | $5,124-98.4% |