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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 | $6,340 | $81,331-92.2% | $155,534-95.9% | $80,935-92.2% |
| Participation rate | 57.7% | 66.3%-8.6pp | 78.2%-20.5pp | 67.7%-10.0pp |
| Annual return | 14.75% | 33.37%-18.6pp | 64.92%-50.2pp | 35.66%-20.9pp |
| Employer contribution / active EE | $835 | $3,105-73.1% | $4,675-82.1% | $2,757-69.7% |
| Participant deferral / active EE | $1,160 | $3,454-66.4% | $5,630-79.4% | $4,299-73.0% |
| Admin fee / account holder | $188 | $7,999-97.6% | $15,900-98.8% | $6,924-97.3% |