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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 | $14,250 | $48,050-70.3% | $85,969-83.4% | $59,633-76.1% |
| Participation rate | 28.0% | 64.5%-36.5pp | 76.5%-48.5pp | 68.7%-40.7pp |
| Annual return | -2.62% | 0.29%-2.9pp | 9.32%-11.9pp | 2041.45%-2044.1pp |
| Employer contribution / active EE | $755 | $1,640-54.0% | $3,474-78.3% | $2,203-65.7% |
| Participant deferral / active EE | $2,144 | $2,249-4.7% | $3,829-44.0% | $3,192-32.8% |
| Admin fee / account holder | $51 | $3,206-98.4% | $6,053-99.2% | $4,297-98.8% |