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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 | $16,400 | $105,856-84.5% | $90,161-81.8% | $147,586-88.9% |
| Participation rate | 37.5% | 79.7%-42.2pp | 76.9%-39.4pp | 82.8%-45.3pp |
| Annual return | 18.29% | 37.63%-19.3pp | 34.89%-16.6pp | 578.59%-560.3pp |
| Employer contribution / active EE | $600 | $4,126-85.5% | $3,318-81.9% | $4,876-87.7% |
| Participant deferral / active EE | $2,140 | $5,733-62.7% | $5,287-59.5% | $5,439-60.7% |
| Admin fee / account holder | $50 | $8,046-99.4% | $5,943-99.2% | $10,886-99.5% |