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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 | $23,397 | $71,878-67.4% | $86,698-73.0% | $68,486-65.8% |
| Participation rate | 62.3% | 72.2%-10.0pp | 76.6%-14.3pp | 67.9%-5.6pp |
| Annual return | -16.59% | 3.53%-20.1pp | 35.95%-52.5pp | -7.85%-8.7pp |
| Employer contribution / active EE | $1,774 | $2,173-18.4% | $2,837-37.5% | $2,597-31.7% |
| Participant deferral / active EE | $4,802 | $3,779+27.1% | $4,656+3.1% | $4,028+19.2% |
| Admin fee / account holder | $0 | $6,113-100.0% | $7,493-100.0% | $5,404-100.0% |