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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 | $7,028 | $93,346-92.5% | $71,796-90.2% | $273,972-97.4% |
| Participation rate | 57.9% | 76.5%-18.6pp | 69.1%-11.2pp | 83.0%-25.1pp |
| Annual return | 19.68% | 130.39%-110.7pp | 78.04%-58.4pp | 41.46%-21.8pp |
| Employer contribution / active EE | $716 | $2,733-73.8% | $1,924-62.8% | $4,869-85.3% |
| Participant deferral / active EE | $2,272 | $3,475-34.6% | $2,794-18.7% | $5,287-57.0% |
| Admin fee / account holder | $122 | $6,571-98.1% | $4,815-97.5% | $10,133-98.8% |