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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 | $6,573 | $96,678-93.2% | $86,640-92.4% | $139,466-95.3% |
| Participation rate | 61.5% | 74.4%-12.9pp | 71.7%-10.2pp | 80.3%-18.8pp |
| Annual return | 24.11% | 106.69%-82.6pp | 592.52%-568.4pp | 373.66%-349.6pp |
| Employer contribution / active EE | $369 | $3,265-88.7% | $3,024-87.8% | $4,754-92.2% |
| Participant deferral / active EE | $1,584 | $4,837-67.3% | $4,438-64.3% | $6,712-76.4% |
| Admin fee / account holder | $75 | $6,410-98.8% | $5,616-98.7% | $11,409-99.3% |