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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 | $11,292 | $90,486-87.5% | $78,676-85.6% | $273,972-95.9% |
| Participation rate | 60.9% | 76.5%-15.7pp | 73.6%-12.7pp | 83.0%-22.1pp |
| Annual return | 7.68% | 75.62%-67.9pp | 62.19%-54.5pp | 41.46%-33.8pp |
| Employer contribution / active EE | $349 | $3,175-89.0% | $2,850-87.8% | $4,869-92.8% |
| Participant deferral / active EE | $1,765 | $3,901-54.8% | $3,517-49.8% | $5,287-66.6% |
| Admin fee / account holder | $59 | $5,263-98.9% | $4,510-98.7% | $10,133-99.4% |