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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 | $7,436 | $118,854-93.7% | $96,565-92.3% | $167,497-95.6% |
| Participation rate | 46.2% | 75.5%-29.3pp | 69.8%-23.7pp | 82.1%-36.0pp |
| Annual return | 24.63% | 50.49%-25.9pp | 37.78%-13.2pp | 478.62%-454.0pp |
| Employer contribution / active EE | $1,817 | $3,119-41.8% | $2,356-22.9% | $4,838-62.4% |
| Participant deferral / active EE | $2,012 | $4,615-56.4% | $3,848-47.7% | $6,341-68.3% |
| Admin fee / account holder | $48 | $8,065-99.4% | $6,181-99.2% | $12,310-99.6% |