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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 | $10,489 | $76,551-86.3% | $123,894-91.5% | $62,881-83.3% |
| Participation rate | 57.1% | 73.0%-15.8pp | 81.4%-24.3pp | 69.3%-12.2pp |
| Annual return | 58.85% | 18.68%+40.2pp | 47.52%+11.3pp | 20.14%+38.7pp |
| Employer contribution / active EE | $511 | $2,882-82.3% | $4,617-88.9% | $2,281-77.6% |
| Participant deferral / active EE | $3,346 | $4,840-30.9% | $5,984-44.1% | $3,203+4.5% |
| Admin fee / account holder | $203 | $4,826-95.8% | $8,357-97.6% | $4,296-95.3% |