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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 | $8,823 | $45,152-80.5% | $73,836-88.1% | $59,633-85.2% |
| Participation rate | 54.2% | 64.0%-9.9pp | 73.4%-19.3pp | 68.7%-14.5pp |
| Annual return | 2.39% | 27.40%-25.0pp | 2268.06%-2265.7pp | 2041.45%-2039.1pp |
| Employer contribution / active EE | $786 | $1,901-58.7% | $2,787-71.8% | $2,203-64.3% |
| Participant deferral / active EE | $2,086 | $2,573-18.9% | $3,583-41.8% | $3,192-34.6% |
| Admin fee / account holder | $60 | $3,515-98.3% | $4,882-98.8% | $4,297-98.6% |