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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 | $10,348 | $66,764-84.5% | $88,497-88.3% | $62,881-83.5% |
| Participation rate | 57.1% | 77.3%-20.1pp | 82.4%-25.3pp | 69.3%-12.2pp |
| Annual return | 6.43% | 10.37%-3.9pp | 7.63%-1.2pp | 20.14%-13.7pp |
| Employer contribution / active EE | $0 | $3,077-100.0% | $4,036-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,982 | $3,976-50.2% | $4,899-59.5% | $3,203-38.1% |
| Admin fee / account holder | $150 | $4,668-96.8% | $6,220-97.6% | $4,296-96.5% |