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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 | $5,730 | $32,037-82.1% | $69,182-91.7% | $62,881-90.9% |
| Participation rate | 40.6% | 43.4%-2.8pp | 55.1%-14.5pp | 69.3%-28.7pp |
| Annual return | 12.61% | 15.16%-2.6pp | -21.93%+34.5pp | 20.14%-7.5pp |
| Employer contribution / active EE | $628 | $679-7.5% | $1,206-47.9% | $2,281-72.5% |
| Participant deferral / active EE | $840 | $1,185-29.1% | $1,897-55.7% | $3,203-73.8% |
| Admin fee / account holder | $80 | $2,608-97.0% | $2,697-97.1% | $4,296-98.1% |