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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 | $9,472 | $79,449-88.1% | $189,575-95.0% | $85,847-89.0% |
| Participation rate | 56.0% | 66.0%-10.0pp | 78.4%-22.4pp | 69.3%-13.3pp |
| Annual return | 22.17% | 18.45%+3.7pp | 64.19%-42.0pp | 318.61%-296.4pp |
| Employer contribution / active EE | $807 | $2,081-61.2% | $4,412-81.7% | $2,565-68.5% |
| Participant deferral / active EE | $3,209 | $4,051-20.8% | $6,174-48.0% | $3,952-18.8% |
| Admin fee / account holder | $77 | $5,377-98.6% | $9,806-99.2% | $6,261-98.8% |