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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 | $7,856 | $48,053-83.7% | $84,628-90.7% | $72,975-89.2% |
| Participation rate | 25.0% | 57.6%-32.6pp | 68.2%-43.2pp | 69.5%-44.5pp |
| Annual return | 28.99% | 37.39%-8.4pp | 258.80%-229.8pp | 81.01%-52.0pp |
| Employer contribution / active EE | $283 | $1,602-82.3% | $2,653-89.3% | $2,440-88.4% |
| Participant deferral / active EE | $1,292 | $2,681-51.8% | $3,900-66.9% | $3,608-64.2% |
| Admin fee / account holder | $99 | $3,395-97.1% | $4,914-98.0% | $5,124-98.1% |