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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 | $7,335 | $109,411-93.3% | $89,435-91.8% | $158,982-95.4% |
| Participation rate | 56.5% | 74.3%-17.8pp | 68.0%-11.5pp | 82.0%-25.4pp |
| Annual return | 25.69% | 345.68%-320.0pp | 245.55%-219.9pp | 302.99%-277.3pp |
| Employer contribution / active EE | $374 | $3,173-88.2% | $2,587-85.6% | $4,763-92.2% |
| Participant deferral / active EE | $1,287 | $4,600-72.0% | $3,890-66.9% | $5,983-78.5% |
| Admin fee / account holder | $83 | $6,159-98.7% | $4,884-98.3% | $11,252-99.3% |