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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 | $7,275 | $93,346-92.2% | $71,796-89.9% | $273,972-97.3% |
| Participation rate | 57.1% | 76.5%-19.4pp | 69.1%-12.0pp | 83.0%-25.9pp |
| Annual return | 35.23% | 130.39%-95.2pp | 78.04%-42.8pp | 41.46%-6.2pp |
| Employer contribution / active EE | $992 | $2,733-63.7% | $1,924-48.5% | $4,869-79.6% |
| Participant deferral / active EE | $2,392 | $3,475-31.2% | $2,794-14.4% | $5,287-54.8% |
| Admin fee / account holder | $0 | $6,571-100.0% | $4,815-100.0% | $10,133-100.0% |