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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 | $11,778 | $85,171-86.2% | $172,753-93.2% | $72,976-83.9% |
| Participation rate | 31.5% | 70.1%-38.6pp | 82.6%-51.2pp | 69.5%-38.0pp |
| Annual return | 26.29% | 27.32%-1.0pp | 803.00%-776.7pp | 81.02%-54.7pp |
| Employer contribution / active EE | $542 | $3,324-83.7% | $5,144-89.5% | $2,440-77.8% |
| Participant deferral / active EE | $1,285 | $3,260-60.6% | $5,198-75.3% | $3,608-64.4% |
| Admin fee / account holder | $216 | $5,880-96.3% | $13,956-98.4% | $5,124-95.8% |