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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 | $9,770 | $74,879,922-100.0% | $40,145,923-100.0% | $273,972-96.4% |
| Participation rate | 53.3% | 74.1%-20.7pp | 68.4%-15.1pp | 83.0%-29.7pp |
| Annual return | 34.11% | 2.55%+31.6pp | 5.24%+28.9pp | 41.46%-7.3pp |
| Employer contribution / active EE | $0 | $2,350-100.0% | $1,844-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $998 | $2,962-66.3% | $2,591-61.5% | $5,287-81.1% |
| Admin fee / account holder | $85 | $3,725-97.7% | $2,903-97.1% | $10,133-99.2% |