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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 | $3,693 | $58,311-93.7% | $81,882-95.5% | $80,959-95.4% |
| Participation rate | 56.0% | 63.5%-7.5pp | 72.4%-16.4pp | 67.7%-11.7pp |
| Annual return | 17.64% | 41.85%-24.2pp | 779.47%-761.8pp | 35.67%-18.0pp |
| Employer contribution / active EE | $503 | $2,347-78.6% | $2,916-82.8% | $2,757-81.8% |
| Participant deferral / active EE | $1,184 | $3,287-64.0% | $4,323-72.6% | $4,300-72.5% |
| Admin fee / account holder | $43 | $4,752-99.1% | $7,360-99.4% | $6,925-99.4% |