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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 | $7,658 | $153,311-95.0% | $109,313-93.0% | $273,972-97.2% |
| Participation rate | 63.6% | 80.1%-16.4pp | 71.3%-7.6pp | 83.0%-19.4pp |
| Annual return | 9.79% | 29.86%-20.1pp | 22.07%-12.3pp | 41.46%-31.7pp |
| Employer contribution / active EE | $637 | $5,619-88.7% | $3,892-83.6% | $4,869-86.9% |
| Participant deferral / active EE | $758 | $3,932-80.7% | $3,166-76.0% | $5,287-85.7% |
| Admin fee / account holder | $40 | $8,076-99.5% | $5,666-99.3% | $10,133-99.6% |