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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 | $5,863 | $35,183-83.3% | $73,550-92.0% | $70,126-91.6% |
| Participation rate | 63.3% | 42.9%+20.4pp | 54.9%+8.4pp | 69.5%-6.2pp |
| Annual return | 23.51% | 26.90%-3.4pp | -15.16%+38.7pp | 73.15%-49.6pp |
| Employer contribution / active EE | $785 | $709+10.8% | $1,219-35.6% | $2,343-66.5% |
| Participant deferral / active EE | $2,584 | $1,220+111.9% | $1,804+43.2% | $3,332-22.4% |
| Admin fee / account holder | $205 | $2,302-91.1% | $2,320-91.2% | $4,645-95.6% |