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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 | $8,191 | $63,342-87.1% | $92,236-91.1% | $70,131-88.3% |
| Participation rate | 36.6% | 68.7%-32.1pp | 76.5%-39.9pp | 69.5%-33.0pp |
| Annual return | 24.11% | 530.15%-506.0pp | 176.29%-152.2pp | 73.14%-49.0pp |
| Employer contribution / active EE | $530 | $2,471-78.5% | $3,679-85.6% | $2,342-77.4% |
| Participant deferral / active EE | $1,203 | $2,854-57.9% | $3,897-69.1% | $3,332-63.9% |
| Admin fee / account holder | $89 | $3,840-97.7% | $5,194-98.3% | $4,645-98.1% |