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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 | $10,819 | $49,255-78.0% | $70,494-84.7% | $79,856-86.5% |
| Participation rate | 53.6% | 69.2%-15.6pp | 75.1%-21.5pp | 69.6%-16.1pp |
| Annual return | 22.99% | 30.10%-7.1pp | 109.16%-86.2pp | 31.71%-8.7pp |
| Employer contribution / active EE | $428 | $2,100-79.6% | $2,738-84.4% | $2,471-82.7% |
| Participant deferral / active EE | $1,756 | $2,768-36.6% | $3,711-52.7% | $3,741-53.1% |
| Admin fee / account holder | $0 | $2,879-100.0% | $3,848-100.0% | $5,306-100.0% |