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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 | $7,772 | $110,337-93.0% | $102,383-92.4% | $145,877-94.7% |
| Participation rate | 54.5% | 77.9%-23.4pp | 74.5%-20.0pp | 80.3%-25.8pp |
| Annual return | 10.23% | 24.83%-14.6pp | 24.94%-14.7pp | 551.28%-541.1pp |
| Employer contribution / active EE | $1,367 | $4,216-67.6% | $3,870-64.7% | $4,663-70.7% |
| Participant deferral / active EE | $1,838 | $5,621-67.3% | $5,060-63.7% | $6,691-72.5% |
| Admin fee / account holder | $64 | $9,750-99.3% | $8,391-99.2% | $13,402-99.5% |