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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 | $4,856 | $85,060-94.3% | $70,548-93.1% | $139,456-96.5% |
| Participation rate | 57.1% | 73.9%-16.8pp | 68.3%-11.2pp | 80.3%-23.2pp |
| Annual return | 27.34% | 30.38%-3.0pp | 32.78%-5.4pp | 373.45%-346.1pp |
| Employer contribution / active EE | $986 | $3,911-74.8% | $2,975-66.9% | $4,753-79.3% |
| Participant deferral / active EE | $1,608 | $5,890-72.7% | $4,567-64.8% | $6,711-76.0% |
| Admin fee / account holder | $43 | $8,925-99.5% | $6,424-99.3% | $11,407-99.6% |