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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 | $11,391 | $136,307-91.6% | $106,619-89.3% | $273,972-95.8% |
| Participation rate | 54.5% | 84.8%-30.2pp | 78.0%-23.5pp | 83.0%-28.5pp |
| Annual return | 8.28% | 11.05%-2.8pp | 9.42%-1.1pp | 41.46%-33.2pp |
| Employer contribution / active EE | $981 | $5,190-81.1% | $3,947-75.1% | $4,869-79.8% |
| Participant deferral / active EE | $2,890 | $4,969-41.8% | $3,930-26.5% | $5,287-45.3% |
| Admin fee / account holder | $0 | $8,625-100.0% | $6,418-100.0% | $10,133-100.0% |