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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 | $9,260 | $103,008-91.0% | $90,304-89.7% | $152,897-93.9% |
| Participation rate | 55.0% | 75.9%-20.9pp | 73.3%-18.3pp | 82.5%-27.5pp |
| Annual return | 26.07% | 95.22%-69.1pp | 78.13%-52.1pp | 345.43%-319.4pp |
| Employer contribution / active EE | $896 | $3,139-71.5% | $2,855-68.6% | $4,764-81.2% |
| Participant deferral / active EE | $1,355 | $4,281-68.3% | $3,885-65.1% | $5,851-76.8% |
| Admin fee / account holder | $0 | $6,175-100.0% | $5,354-100.0% | $11,599-100.0% |