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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 | $5,353 | $77,638-93.1% | $156,551-96.6% | $62,881-91.5% |
| Participation rate | 58.6% | 71.2%-12.6pp | 84.0%-25.4pp | 69.3%-10.7pp |
| Annual return | 14.32% | 50.33%-36.0pp | 32.23%-17.9pp | 20.14%-5.8pp |
| Employer contribution / active EE | $640 | $3,444-81.4% | $5,501-88.4% | $2,281-71.9% |
| Participant deferral / active EE | $1,278 | $3,046-58.0% | $4,871-73.8% | $3,203-60.1% |
| Admin fee / account holder | $0 | $5,561-100.0% | $13,028-100.0% | $4,296-100.0% |