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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 | $1,687 | $69,248-97.6% | $64,101-97.4% | $139,466-98.8% |
| Participation rate | 62.5% | 75.6%-13.1pp | 72.3%-9.8pp | 80.3%-17.8pp |
| Annual return | 12.28% | 45.95%-33.7pp | 33.72%-21.4pp | 373.66%-361.4pp |
| Employer contribution / active EE | $479 | $3,185-85.0% | $2,749-82.6% | $4,754-89.9% |
| Participant deferral / active EE | $933 | $4,682-80.1% | $3,881-76.0% | $6,712-86.1% |
| Admin fee / account holder | $19 | $4,247-99.5% | $3,070-99.4% | $11,409-99.8% |