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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 | $8,146 | $48,053-83.0% | $84,637-90.4% | $72,976-88.8% |
| Participation rate | 28.1% | 57.6%-29.5pp | 68.2%-40.1pp | 69.5%-41.4pp |
| Annual return | 36.13% | 37.39%-1.3pp | 258.82%-222.7pp | 81.02%-44.9pp |
| Employer contribution / active EE | $722 | $1,602-54.9% | $2,653-72.8% | $2,440-70.4% |
| Participant deferral / active EE | $1,257 | $2,681-53.1% | $3,900-67.8% | $3,608-65.2% |
| Admin fee / account holder | $61 | $3,395-98.2% | $4,914-98.8% | $5,124-98.8% |