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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 | $6,684 | $60,442-88.9% | $96,754-93.1% | $87,485-92.4% |
| Participation rate | 61.4% | 58.7%+2.7pp | 70.3%-8.9pp | 68.9%-7.6pp |
| Annual return | 21.19% | 21.97%-0.8pp | 82.04%-60.8pp | 26.06%-4.9pp |
| Employer contribution / active EE | $622 | $1,691-63.2% | $2,679-76.8% | $2,596-76.0% |
| Participant deferral / active EE | $1,047 | $3,280-68.1% | $4,758-78.0% | $4,274-75.5% |
| Admin fee / account holder | $290 | $5,069-94.3% | $8,905-96.7% | $7,775-96.3% |