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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 | $3,494 | $52,353-93.3% | $120,225-97.1% | $82,448-95.8% |
| Participation rate | 43.2% | 58.3%-15.1pp | 69.6%-26.4pp | 68.1%-24.9pp |
| Annual return | 24.02% | 61.85%-37.8pp | 439.23%-415.2pp | 41.64%-17.6pp |
| Employer contribution / active EE | $343 | $1,510-77.3% | $3,475-90.1% | $2,551-86.6% |
| Participant deferral / active EE | $670 | $2,627-74.5% | $3,999-83.2% | $4,139-83.8% |
| Admin fee / account holder | $17 | $4,363-99.6% | $5,696-99.7% | $7,234-99.8% |