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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 | $12,054 | $54,541-77.9% | $78,778-84.7% | $70,126-82.8% |
| Participation rate | 36.6% | 60.8%-24.2pp | 69.2%-32.6pp | 69.5%-33.0pp |
| Annual return | 22.31% | 21.07%+1.2pp | 35.62%-13.3pp | 73.15%-50.8pp |
| Employer contribution / active EE | $357 | $1,089-67.2% | $1,986-82.0% | $2,343-84.8% |
| Participant deferral / active EE | $1,011 | $2,210-54.2% | $2,958-65.8% | $3,332-69.7% |
| Admin fee / account holder | $157 | $3,709-95.8% | $5,134-96.9% | $4,645-96.6% |