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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 | $9,188 | $36,694-75.0% | $40,145,923-100.0% | $55,167-83.3% |
| Participation rate | 13.5% | 57.2%-43.7pp | 68.4%-54.9pp | 69.0%-55.5pp |
| Annual return | 6.90% | 10.16%-3.3pp | 5.24%+1.7pp | 169.23%-162.3pp |
| Employer contribution / active EE | $162 | $1,135-85.7% | $1,844-91.2% | $1,963-91.8% |
| Participant deferral / active EE | $852 | $1,679-49.3% | $2,591-67.1% | $3,054-72.1% |
| Admin fee / account holder | $76 | $175-56.4% | $2,903-97.4% | $504-84.8% |