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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 | $4,720 | $45,312-89.6% | $86,233-94.5% | $67,986-93.1% |
| Participation rate | 64.8% | 42.4%+22.4pp | 69.0%-4.2pp | 57.2%+7.6pp |
| Annual return | 48.84% | 24.79%+24.1pp | 61.39%-12.5pp | 31.67%+17.2pp |
| Employer contribution / active EE | $0 | $1,160-100.0% | $2,504-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $1,939 | $2,185-11.3% | $4,559-57.5% | $3,358-42.3% |
| Admin fee / account holder | $128 | $3,295-96.1% | $8,342-98.5% | $3,203-96.0% |