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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 | $9,396 | $101,063-90.7% | $81,473-88.5% | $147,586-93.6% |
| Participation rate | 60.0% | 74.5%-14.5pp | 68.0%-8.0pp | 82.8%-22.8pp |
| Annual return | 21.37% | 32.41%-11.0pp | 38.78%-17.4pp | 578.59%-557.2pp |
| Employer contribution / active EE | $1,071 | $3,206-66.6% | $2,568-58.3% | $4,876-78.0% |
| Participant deferral / active EE | $1,071 | $4,242-74.7% | $3,537-69.7% | $5,439-80.3% |
| Admin fee / account holder | $54 | $5,812-99.1% | $4,561-98.8% | $10,886-99.5% |