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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 | $7,372 | $73,988-90.0% | $96,538-92.4% | $75,177-90.2% |
| Participation rate | 40.0% | 66.4%-26.4pp | 74.3%-34.3pp | 67.2%-27.2pp |
| Annual return | 17.23% | 26.73%-9.5pp | 35.74%-18.5pp | 160.75%-143.5pp |
| Employer contribution / active EE | $0 | $2,930-100.0% | $3,740-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,811 | $3,660-50.5% | $4,880-62.9% | $4,126-56.1% |
| Admin fee / account holder | $269 | $5,220-94.8% | $6,737-96.0% | $5,651-95.2% |