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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 | $8,449 | $47,848-82.3% | $81,473-89.6% | $70,126-88.0% |
| Participation rate | 36.0% | 58.3%-22.3pp | 68.0%-32.0pp | 69.5%-33.5pp |
| Annual return | 209.89% | 27.25%+182.6pp | 38.78%+171.1pp | 73.15%+136.7pp |
| Employer contribution / active EE | $830 | $1,527-45.6% | $2,568-67.7% | $2,343-64.6% |
| Participant deferral / active EE | $1,270 | $2,453-48.2% | $3,537-64.1% | $3,332-61.9% |
| Admin fee / account holder | $34 | $3,145-98.9% | $4,561-99.3% | $4,645-99.3% |