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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 | $11,275 | $48,364-76.7% | $71,796-84.3% | $62,881-82.1% |
| Participation rate | 50.0% | 60.6%-10.6pp | 69.1%-19.1pp | 69.3%-19.3pp |
| Annual return | 9.49% | 13.16%-3.7pp | 78.04%-68.5pp | 20.14%-10.7pp |
| Employer contribution / active EE | $733 | $1,042-29.7% | $1,924-61.9% | $2,281-67.9% |
| Participant deferral / active EE | $1,098 | $2,091-47.5% | $2,794-60.7% | $3,203-65.7% |
| Admin fee / account holder | $58 | $3,771-98.5% | $4,815-98.8% | $4,296-98.6% |