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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 | $5,643 | $91,198-93.8% | $178,503-96.8% | $79,856-92.9% |
| Participation rate | 26.5% | 69.2%-42.7pp | 81.9%-55.4pp | 69.6%-43.1pp |
| Annual return | 13.16% | 24.20%-11.0pp | 151.12%-138.0pp | 31.71%-18.5pp |
| Employer contribution / active EE | $525 | $3,257-83.9% | $5,011-89.5% | $2,471-78.8% |
| Participant deferral / active EE | $1,229 | $3,237-62.0% | $5,202-76.4% | $3,741-67.2% |
| Admin fee / account holder | $40 | $6,748-99.4% | $13,987-99.7% | $5,306-99.3% |