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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 | $7,029 | $93,064-92.4% | $74,577-90.6% | $273,972-97.4% |
| Participation rate | 46.7% | 74.9%-28.3pp | 68.1%-21.4pp | 83.0%-36.3pp |
| Annual return | 19.68% | 26.18%-6.5pp | 20.47%-0.8pp | 41.46%-21.8pp |
| Employer contribution / active EE | $707 | $3,160-77.6% | $2,525-72.0% | $4,869-85.5% |
| Participant deferral / active EE | $707 | $4,160-83.0% | $3,458-79.6% | $5,287-86.6% |
| Admin fee / account holder | $51 | $5,273-99.0% | $4,138-98.8% | $10,133-99.5% |