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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 | $9,197 | $47,848-80.8% | $81,473-88.7% | $70,126-86.9% |
| Participation rate | 39.6% | 58.3%-18.7pp | 68.0%-28.4pp | 69.5%-30.0pp |
| Annual return | 26.35% | 27.25%-0.9pp | 38.78%-12.4pp | 73.15%-46.8pp |
| Employer contribution / active EE | $722 | $1,527-52.7% | $2,568-71.9% | $2,343-69.2% |
| Participant deferral / active EE | $1,476 | $2,453-39.8% | $3,537-58.3% | $3,332-55.7% |
| Admin fee / account holder | $0 | $3,145-100.0% | $4,561-100.0% | $4,645-100.0% |