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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 | $5,719 | $60,349-90.5% | $74,184-92.3% | $62,881-90.9% |
| Participation rate | 55.1% | 72.7%-17.6pp | 76.6%-21.5pp | 69.3%-14.2pp |
| Annual return | 15.06% | 21.38%-6.3pp | 17.74%-2.7pp | 20.14%-5.1pp |
| Employer contribution / active EE | $806 | $1,680-52.0% | $2,370-66.0% | $2,281-64.7% |
| Participant deferral / active EE | $1,321 | $2,856-53.8% | $3,550-62.8% | $3,203-58.8% |
| Admin fee / account holder | $62 | $4,261-98.5% | $5,586-98.9% | $4,296-98.6% |