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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 | $48,050-90.2% | $96,754-95.1% | $64,340-92.7% |
| Participation rate | 64.8% | 40.6%+24.3pp | 70.3%-5.4pp | 55.2%+9.6pp |
| Annual return | 48.84% | 23.41%+25.4pp | 82.04%-33.2pp | 24.14%+24.7pp |
| Employer contribution / active EE | $0 | $1,204-100.0% | $2,679-100.0% | $1,862-100.0% |
| Participant deferral / active EE | $1,939 | $2,191-11.5% | $4,758-59.3% | $2,980-35.0% |
| Admin fee / account holder | $128 | $3,741-96.6% | $8,905-98.6% | $3,703-96.5% |