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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 | $11,117 | $67,411-83.5% | $91,004-87.8% | $70,124-84.1% |
| Participation rate | 46.2% | 71.4%-25.2pp | 75.6%-29.4pp | 69.5%-23.4pp |
| Annual return | 22.72% | -40.16%+62.9pp | 4.60%+18.1pp | 73.14%-50.4pp |
| Employer contribution / active EE | $0 | $1,786-100.0% | $2,456-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $1,349 | $2,823-52.2% | $3,548-62.0% | $3,332-59.5% |
| Admin fee / account holder | $170 | $4,236-96.0% | $5,417-96.9% | $4,645-96.3% |