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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 | $7,801 | $93,064-91.6% | $74,577-89.5% | $273,972-97.2% |
| Participation rate | 62.5% | 74.9%-12.4pp | 68.1%-5.6pp | 83.0%-20.5pp |
| Annual return | 8.21% | 26.18%-18.0pp | 20.47%-12.3pp | 41.46%-33.2pp |
| Employer contribution / active EE | $201 | $3,160-93.6% | $2,525-92.0% | $4,869-95.9% |
| Participant deferral / active EE | $608 | $4,160-85.4% | $3,458-82.4% | $5,287-88.5% |
| Admin fee / account holder | $0 | $5,273-100.0% | $4,138-100.0% | $10,133-100.0% |