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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 | $9,469 | $110,337-91.4% | $102,383-90.8% | $145,877-93.5% |
| Participation rate | 33.3% | 77.9%-44.6pp | 74.5%-41.2pp | 80.3%-47.0pp |
| Annual return | 17.09% | 24.83%-7.7pp | 24.94%-7.8pp | 551.28%-534.2pp |
| Employer contribution / active EE | $1,052 | $4,216-75.1% | $3,870-72.8% | $4,663-77.4% |
| Participant deferral / active EE | $1,641 | $5,621-70.8% | $5,060-67.6% | $6,691-75.5% |
| Admin fee / account holder | $54 | $9,750-99.4% | $8,391-99.4% | $13,402-99.6% |