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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 | $6,674 | $32,037-79.2% | $69,182-90.4% | $62,881-89.4% |
| Participation rate | 24.0% | 43.4%-19.4pp | 55.1%-31.1pp | 69.3%-45.3pp |
| Annual return | 17.77% | 15.16%+2.6pp | -21.93%+39.7pp | 20.14%-2.4pp |
| Employer contribution / active EE | $174 | $679-74.4% | $1,206-85.6% | $2,281-92.4% |
| Participant deferral / active EE | $712 | $1,185-39.9% | $1,897-62.5% | $3,203-77.8% |
| Admin fee / account holder | $250 | $2,608-90.4% | $2,697-90.7% | $4,296-94.2% |