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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 | $3,684 | $108,226-96.6% | $77,513-95.2% | $158,950-97.7% |
| Participation rate | 27.3% | 64.4%-37.1pp | 54.2%-26.9pp | 82.0%-54.7pp |
| Annual return | 24.96% | 31.67%-6.7pp | 54.81%-29.8pp | 302.91%-277.9pp |
| Employer contribution / active EE | $204 | $1,325-84.6% | $987-79.3% | $4,762-95.7% |
| Participant deferral / active EE | $204 | $2,456-91.7% | $1,861-89.0% | $5,983-96.6% |
| Admin fee / account holder | $7 | $3,710-99.8% | $2,859-99.8% | $11,248-99.9% |