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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 | $8,240 | $63,471-87.0% | $68,803-88.0% | $66,949-87.7% |
| Participation rate | 28.8% | 60.0%-31.2pp | 69.0%-40.2pp | 69.8%-41.0pp |
| Annual return | 47.77% | -8.29%+56.1pp | -6.37%+54.1pp | 1.57%+46.2pp |
| Employer contribution / active EE | $675 | $1,776-62.0% | $2,656-74.6% | $2,545-73.5% |
| Participant deferral / active EE | $1,066 | $2,946-63.8% | $3,942-73.0% | $4,239-74.9% |
| Admin fee / account holder | $229 | $578-60.4% | $4,936-95.4% | $594-61.5% |