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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 | $3,568 | $103,949-96.6% | $69,182-94.8% | $273,972-98.7% |
| Participation rate | 20.0% | 67.4%-47.4pp | 55.1%-35.1pp | 83.0%-63.0pp |
| Annual return | 12.18% | 35.28%-23.1pp | -21.93%+34.1pp | 41.46%-29.3pp |
| Employer contribution / active EE | $263 | $1,783-85.3% | $1,206-78.2% | $4,869-94.6% |
| Participant deferral / active EE | $347 | $2,716-87.2% | $1,897-81.7% | $5,287-93.4% |
| Admin fee / account holder | $59 | $3,671-98.4% | $2,697-97.8% | $10,133-99.4% |