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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 | $8,189 | $45,152-81.9% | $73,836-88.9% | $59,633-86.3% |
| Participation rate | 44.2% | 64.0%-19.8pp | 73.4%-29.3pp | 68.7%-24.5pp |
| Annual return | 13.68% | 27.40%-13.7pp | 2268.06%-2254.4pp | 2041.45%-2027.8pp |
| Employer contribution / active EE | $959 | $1,901-49.6% | $2,787-65.6% | $2,203-56.5% |
| Participant deferral / active EE | $1,603 | $2,573-37.7% | $3,583-55.3% | $3,192-49.8% |
| Admin fee / account holder | $97 | $3,515-97.2% | $4,882-98.0% | $4,297-97.7% |