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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 | $2,145 | $35,183-93.9% | $73,550-97.1% | $70,126-96.9% |
| Participation rate | 30.3% | 42.9%-12.6pp | 54.9%-24.6pp | 69.5%-39.2pp |
| Annual return | 39.94% | 26.90%+13.0pp | -15.16%+55.1pp | 73.15%-33.2pp |
| Employer contribution / active EE | $336 | $709-52.6% | $1,219-72.5% | $2,343-85.7% |
| Participant deferral / active EE | $701 | $1,220-42.5% | $1,804-61.1% | $3,332-79.0% |
| Admin fee / account holder | $74 | $2,302-96.8% | $2,320-96.8% | $4,645-98.4% |