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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 | $6,456 | $58,493-89.0% | $84,023-92.3% | $72,976-91.2% |
| Participation rate | 51.9% | 61.2%-9.4pp | 69.0%-17.2pp | 69.5%-17.6pp |
| Annual return | 45.33% | 28.93%+16.4pp | 71.32%-26.0pp | 81.02%-35.7pp |
| Employer contribution / active EE | $704 | $1,163-39.5% | $1,984-64.5% | $2,440-71.2% |
| Participant deferral / active EE | $1,471 | $2,394-38.6% | $3,239-54.6% | $3,608-59.2% |
| Admin fee / account holder | $0 | $4,569-100.0% | $6,102-100.0% | $5,124-100.0% |