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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 | $11,060 | $67,602-83.6% | $82,312-86.6% | $70,126-84.2% |
| Participation rate | 57.1% | 72.8%-15.6pp | 76.9%-19.8pp | 69.5%-12.4pp |
| Annual return | 105.01% | 21.57%+83.4pp | 25.88%+79.1pp | 73.15%+31.9pp |
| Employer contribution / active EE | $0 | $1,755-100.0% | $2,428-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $2,683 | $2,987-10.2% | $3,706-27.6% | $3,332-19.5% |
| Admin fee / account holder | $245 | $4,512-94.6% | $5,608-95.6% | $4,645-94.7% |