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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 | $9,361 | $58,828-84.1% | $78,002-88.0% | $62,881-85.1% |
| Participation rate | 59.3% | 71.1%-11.7pp | 75.5%-16.2pp | 69.3%-10.0pp |
| Annual return | 9.25% | 17.16%-7.9pp | 425.99%-416.7pp | 20.14%-10.9pp |
| Employer contribution / active EE | $0 | $1,672-100.0% | $2,470-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,169 | $2,686-56.5% | $3,497-66.6% | $3,203-63.5% |
| Admin fee / account holder | $150 | $4,393-96.6% | $5,481-97.3% | $4,296-96.5% |