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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 | $10,481 | $65,083-83.9% | $143,788-92.7% | $66,930-84.3% |
| Participation rate | 59.4% | 65.2%-5.8pp | 80.3%-20.9pp | 69.8%-10.4pp |
| Annual return | 10.02% | -11.13%+21.2pp | -0.03%+10.1pp | 1.57%+8.4pp |
| Employer contribution / active EE | $1,149 | $2,361-51.4% | $4,952-76.8% | $2,545-54.9% |
| Participant deferral / active EE | $2,554 | $2,920-12.5% | $5,638-54.7% | $4,238-39.7% |
| Admin fee / account holder | $179 | $502-64.4% | $14,675-98.8% | $593-69.9% |