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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 | $6,137 | $103,008-94.0% | $90,304-93.2% | $152,897-96.0% |
| Participation rate | 33.3% | 75.9%-42.5pp | 73.3%-39.9pp | 82.5%-49.1pp |
| Annual return | 13.35% | 95.22%-81.9pp | 78.13%-64.8pp | 345.43%-332.1pp |
| Employer contribution / active EE | $0 | $3,139-100.0% | $2,855-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $877 | $4,281-79.5% | $3,885-77.4% | $5,851-85.0% |
| Admin fee / account holder | $175 | $6,175-97.2% | $5,354-96.7% | $11,599-98.5% |