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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 | $9,417 | $103,949-90.9% | $69,182-86.4% | $273,972-96.6% |
| Participation rate | 36.8% | 67.4%-30.5pp | 55.1%-18.3pp | 83.0%-46.2pp |
| Annual return | 0.34% | 35.28%-34.9pp | -21.93%+22.3pp | 41.46%-41.1pp |
| Employer contribution / active EE | $714 | $1,783-60.0% | $1,206-40.8% | $4,869-85.3% |
| Participant deferral / active EE | $781 | $2,716-71.3% | $1,897-58.8% | $5,287-85.2% |
| Admin fee / account holder | $0 | $3,671-100.0% | $2,697-100.0% | $10,133-100.0% |