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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 | $6,229 | $176,688-96.5% | $130,660-95.2% | $152,909-95.9% |
| Participation rate | 57.9% | 79.0%-21.1pp | 71.7%-13.9pp | 82.5%-24.6pp |
| Annual return | 15.53% | 2693.08%-2677.6pp | 1709.29%-1693.8pp | 345.46%-329.9pp |
| Employer contribution / active EE | $861 | $5,743-85.0% | $4,092-79.0% | $4,764-81.9% |
| Participant deferral / active EE | $1,533 | $4,362-64.9% | $3,603-57.5% | $5,851-73.8% |
| Admin fee / account holder | $45 | $7,131-99.4% | $5,463-99.2% | $11,601-99.6% |