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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 | $4,895 | $34,316-85.7% | $74,722-93.4% | $72,975-93.3% |
| Participation rate | 69.6% | 42.4%+27.2pp | 54.5%+15.2pp | 69.5%+0.1pp |
| Annual return | 33.48% | 26.58%+6.9pp | 753.11%-719.6pp | 81.01%-47.5pp |
| Employer contribution / active EE | $779 | $692+12.5% | $1,084-28.2% | $2,440-68.1% |
| Participant deferral / active EE | $1,167 | $1,272-8.3% | $1,963-40.6% | $3,608-67.7% |
| Admin fee / account holder | $157 | $2,125-92.6% | $3,335-95.3% | $5,124-96.9% |