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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 | $17,851 | $105,623-83.1% | $87,502-79.6% | $273,972-93.5% |
| Participation rate | 11.1% | 78.2%-67.1pp | 73.8%-62.7pp | 83.0%-71.9pp |
| Annual return | 3.20% | 12.26%-9.1pp | 12.21%-9.0pp | 41.46%-38.3pp |
| Employer contribution / active EE | $359 | $3,141-88.6% | $2,550-85.9% | $4,869-92.6% |
| Participant deferral / active EE | $1,200 | $3,601-66.7% | $3,149-61.9% | $5,287-77.3% |
| Admin fee / account holder | $0 | $4,781-100.0% | $4,221-100.0% | $10,133-100.0% |