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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 | $8,755 | $63,845-86.3% | $81,370-89.2% | $80,959-89.2% |
| Participation rate | 35.3% | 63.9%-28.6pp | 69.5%-34.2pp | 67.7%-32.4pp |
| Annual return | 13.17% | 16.37%-3.2pp | 24.85%-11.7pp | 35.67%-22.5pp |
| Employer contribution / active EE | $0 | $1,980-100.0% | $2,464-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $1,150 | $3,093-62.8% | $3,885-70.4% | $4,300-73.2% |
| Admin fee / account holder | $230 | $5,688-96.0% | $5,749-96.0% | $6,925-96.7% |