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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 | $10,543 | $99,345-89.4% | $84,753-87.6% | $273,972-96.2% |
| Participation rate | 50.0% | 80.7%-30.7pp | 76.6%-26.6pp | 83.0%-33.0pp |
| Annual return | 14.95% | 22.93%-8.0pp | 22.78%-7.8pp | 41.46%-26.5pp |
| Employer contribution / active EE | $1,081 | $4,214-74.4% | $3,574-69.8% | $4,869-77.8% |
| Participant deferral / active EE | $2,005 | $4,270-53.1% | $3,712-46.0% | $5,287-62.1% |
| Admin fee / account holder | $50 | $6,645-99.3% | $5,333-99.1% | $10,133-99.5% |