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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 | $3,095 | $39,132-92.1% | $57,196-94.6% | $62,881-95.1% |
| Participation rate | 45.3% | 70.5%-25.1pp | 75.3%-30.0pp | 69.3%-24.0pp |
| Annual return | 9.96% | 9.24%+0.7pp | 14.59%-4.6pp | 20.14%-10.2pp |
| Employer contribution / active EE | $0 | $1,874-100.0% | $2,683-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $763 | $2,374-67.9% | $3,096-75.3% | $3,203-76.2% |
| Admin fee / account holder | $221 | $2,594-91.5% | $3,141-93.0% | $4,296-94.9% |