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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 | $11,566 | $96,558-88.0% | $80,977-85.7% | $273,972-95.8% |
| Participation rate | 40.0% | 79.1%-39.1pp | 75.8%-35.8pp | 83.0%-43.0pp |
| Annual return | 12.28% | 15.14%-2.9pp | 17.11%-4.8pp | 41.46%-29.2pp |
| Employer contribution / active EE | $685 | $4,869-85.9% | $3,715-81.6% | $4,869-85.9% |
| Participant deferral / active EE | $2,157 | $6,598-67.3% | $5,696-62.1% | $5,287-59.2% |
| Admin fee / account holder | $0 | $7,493-100.0% | $5,517-100.0% | $10,133-100.0% |