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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 | $9,629 | $83,337-88.4% | $67,834-85.8% | $273,972-96.5% |
| Participation rate | 30.8% | 76.4%-45.7pp | 68.8%-38.0pp | 83.0%-52.2pp |
| Annual return | 10.25% | 259.45%-249.2pp | 138.47%-128.2pp | 41.46%-31.2pp |
| Employer contribution / active EE | $539 | $3,287-83.6% | $2,403-77.6% | $4,869-88.9% |
| Participant deferral / active EE | $1,363 | $4,088-66.6% | $3,160-56.8% | $5,287-74.2% |
| Admin fee / account holder | $0 | $6,752-100.0% | $4,622-100.0% | $10,133-100.0% |