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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 | $14,795 | $115,917-87.2% | $100,535-85.3% | $158,982-90.7% |
| Participation rate | 60.0% | 81.6%-21.6pp | 79.4%-19.4pp | 82.0%-22.0pp |
| Annual return | 0.00% | 34.80%-34.8pp | 30.90%-30.9pp | 302.99%-303.0pp |
| Employer contribution / active EE | $438 | $4,105-89.3% | $3,419-87.2% | $4,763-90.8% |
| Participant deferral / active EE | $7,985 | $6,677+19.6% | $6,271+27.3% | $5,983+33.5% |
| Admin fee / account holder | $3 | $11,002-100.0% | $8,085-100.0% | $11,252-100.0% |