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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 | $5,247 | $110,278-95.2% | $95,740-94.5% | $139,466-96.2% |
| Participation rate | 40.0% | 75.7%-35.7pp | 72.3%-32.3pp | 80.3%-40.3pp |
| Annual return | 23.73% | 27.19%-3.5pp | 28.41%-4.7pp | 373.66%-349.9pp |
| Employer contribution / active EE | $473 | $3,260-85.5% | $2,836-83.3% | $4,754-90.1% |
| Participant deferral / active EE | $1,115 | $4,674-76.1% | $4,244-73.7% | $6,712-83.4% |
| Admin fee / account holder | $229 | $6,613-96.5% | $5,676-96.0% | $11,409-98.0% |