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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 | $13,635 | $107,353-87.3% | $92,903-85.3% | $152,885-91.1% |
| Participation rate | 37.5% | 79.8%-42.3pp | 76.0%-38.5pp | 82.5%-45.0pp |
| Annual return | 22.98% | 145.62%-122.6pp | 109.43%-86.5pp | 345.39%-322.4pp |
| Employer contribution / active EE | $895 | $4,222-78.8% | $3,653-75.5% | $4,763-81.2% |
| Participant deferral / active EE | $1,493 | $4,848-69.2% | $4,238-64.8% | $5,851-74.5% |
| Admin fee / account holder | $55 | $7,081-99.2% | $5,795-99.0% | $11,598-99.5% |