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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 | $4,283 | $115,917-96.3% | $100,535-95.7% | $158,982-97.3% |
| Participation rate | 60.0% | 81.6%-21.6pp | 79.4%-19.4pp | 82.0%-22.0pp |
| Annual return | 0.00% | 34.80%-34.8pp | 30.90%-30.9pp | 302.99%-303.0pp |
| Employer contribution / active EE | $845 | $4,105-79.4% | $3,419-75.3% | $4,763-82.3% |
| Participant deferral / active EE | $2,352 | $6,677-64.8% | $6,271-62.5% | $5,983-60.7% |
| Admin fee / account holder | $32 | $11,002-99.7% | $8,085-99.6% | $11,252-99.7% |