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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 | $7,009 | $111,787-93.7% | $93,681-92.5% | $145,978-95.2% |
| Participation rate | 66.7% | 74.2%-7.6pp | 68.7%-2.1pp | 80.3%-13.6pp |
| Annual return | 16.59% | 203.52%-186.9pp | 133.47%-116.9pp | 550.52%-533.9pp |
| Employer contribution / active EE | $999 | $3,093-67.7% | $2,422-58.8% | $4,662-78.6% |
| Participant deferral / active EE | $2,192 | $4,918-55.4% | $4,415-50.4% | $6,690-67.2% |
| Admin fee / account holder | $61 | $10,256-99.4% | $8,290-99.3% | $13,400-99.5% |