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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 | $9,602 | $109,411-91.2% | $89,435-89.3% | $158,982-94.0% |
| Participation rate | 20.0% | 74.3%-54.3pp | 68.0%-48.0pp | 82.0%-62.0pp |
| Annual return | 35.22% | 345.68%-310.5pp | 245.55%-210.3pp | 302.99%-267.8pp |
| Employer contribution / active EE | $576 | $3,173-81.8% | $2,587-77.7% | $4,763-87.9% |
| Participant deferral / active EE | $1,440 | $4,600-68.7% | $3,890-63.0% | $5,983-75.9% |
| Admin fee / account holder | $283 | $6,159-95.4% | $4,884-94.2% | $11,252-97.5% |