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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 | $6,553 | $48,053-86.4% | $84,628-92.3% | $72,975-91.0% |
| Participation rate | 42.1% | 57.6%-15.5pp | 68.2%-26.1pp | 69.5%-27.4pp |
| Annual return | 27.70% | 37.39%-9.7pp | 258.80%-231.1pp | 81.01%-53.3pp |
| Employer contribution / active EE | $432 | $1,602-73.1% | $2,653-83.7% | $2,440-82.3% |
| Participant deferral / active EE | $879 | $2,681-67.2% | $3,900-77.5% | $3,608-75.6% |
| Admin fee / account holder | $181 | $3,395-94.7% | $4,914-96.3% | $5,124-96.5% |