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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 | $9,663 | $60,349-84.0% | $74,184-87.0% | $62,881-84.6% |
| Participation rate | 32.6% | 72.7%-40.1pp | 76.6%-44.0pp | 69.3%-36.7pp |
| Annual return | 13.60% | 21.38%-7.8pp | 17.74%-4.1pp | 20.14%-6.5pp |
| Employer contribution / active EE | $413 | $1,680-75.4% | $2,370-82.6% | $2,281-81.9% |
| Participant deferral / active EE | $1,445 | $2,856-49.4% | $3,550-59.3% | $3,203-54.9% |
| Admin fee / account holder | $65 | $4,261-98.5% | $5,586-98.8% | $4,296-98.5% |