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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 | $3,871 | $105,960-96.3% | $81,726-95.3% | $158,982-97.6% |
| Participation rate | 69.2% | 75.6%-6.4pp | 72.0%-2.8pp | 82.0%-12.7pp |
| Annual return | 0.00% | 38.19%-38.2pp | 29.49%-29.5pp | 302.99%-303.0pp |
| Employer contribution / active EE | $606 | $7,805-92.2% | $4,311-85.9% | $4,763-87.3% |
| Participant deferral / active EE | $1,691 | $13,011-87.0% | $7,108-76.2% | $5,983-71.7% |
| Admin fee / account holder | $22 | $8,494-99.7% | $5,160-99.6% | $11,252-99.8% |