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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 | $10,427 | $52,279-80.1% | $89,435-88.3% | $79,856-86.9% |
| Participation rate | 59.3% | 57.5%+1.8pp | 68.0%-8.7pp | 69.6%-10.3pp |
| Annual return | 17.92% | 22.16%-4.2pp | 245.55%-227.6pp | 31.71%-13.8pp |
| Employer contribution / active EE | $0 | $1,572-100.0% | $2,587-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $1,257 | $2,740-54.1% | $3,890-67.7% | $3,741-66.4% |
| Admin fee / account holder | $170 | $3,356-94.9% | $4,884-96.5% | $5,306-96.8% |