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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 | $12,273 | $56,484-78.3% | $169,452-92.8% | $64,181-80.9% |
| Participation rate | 36.8% | 64.5%-27.7pp | 77.8%-40.9pp | 69.6%-32.7pp |
| Annual return | -3.49% | -1.55%-1.9pp | 1.83%-5.3pp | 7.63%-11.1pp |
| Employer contribution / active EE | $860 | $1,832-53.1% | $4,157-79.3% | $2,381-63.9% |
| Participant deferral / active EE | $1,287 | $3,448-62.7% | $5,277-75.6% | $3,470-62.9% |
| Admin fee / account holder | $14 | $4,174-99.7% | $9,110-99.8% | $4,887-99.7% |