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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 | $3,595 | $37,446-90.4% | $77,513-95.4% | $79,852-95.5% |
| Participation rate | 23.9% | 41.5%-17.6pp | 54.2%-30.3pp | 69.6%-45.8pp |
| Annual return | 38.02% | 39.76%-1.7pp | 54.81%-16.8pp | 31.72%+6.3pp |
| Employer contribution / active EE | $415 | $637-34.9% | $987-57.9% | $2,471-83.2% |
| Participant deferral / active EE | $654 | $1,261-48.2% | $1,861-64.9% | $3,740-82.5% |
| Admin fee / account holder | $169 | $2,506-93.3% | $2,859-94.1% | $5,306-96.8% |