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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 | $6,899 | $105,623-93.5% | $87,502-92.1% | $273,972-97.5% |
| Participation rate | 27.3% | 78.2%-50.9pp | 73.8%-46.6pp | 83.0%-55.7pp |
| Annual return | 6.41% | 12.26%-5.8pp | 12.21%-5.8pp | 41.46%-35.0pp |
| Employer contribution / active EE | $326 | $3,141-89.6% | $2,550-87.2% | $4,869-93.3% |
| Participant deferral / active EE | $407 | $3,601-88.7% | $3,149-87.1% | $5,287-92.3% |
| Admin fee / account holder | $0 | $4,781-100.0% | $4,221-100.0% | $10,133-100.0% |