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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 | $13,574 | $53,128-74.5% | $86,582-84.3% | $70,126-80.6% |
| Participation rate | 35.4% | 65.3%-29.9pp | 73.5%-38.1pp | 69.5%-34.1pp |
| Annual return | 14.85% | 27.66%-12.8pp | 965.08%-950.2pp | 73.15%-58.3pp |
| Employer contribution / active EE | $293 | $2,068-85.8% | $2,839-89.7% | $2,343-87.5% |
| Participant deferral / active EE | $1,366 | $2,695-49.3% | $3,609-62.2% | $3,332-59.0% |
| Admin fee / account holder | $182 | $3,584-94.9% | $4,904-96.3% | $4,645-96.1% |