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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 | $12,743 | $48,364-73.7% | $71,796-82.3% | $62,881-79.7% |
| Participation rate | 12.2% | 60.6%-48.4pp | 69.1%-56.9pp | 69.3%-57.1pp |
| Annual return | 14.28% | 13.16%+1.1pp | 78.04%-63.8pp | 20.14%-5.9pp |
| Employer contribution / active EE | $473 | $1,042-54.6% | $1,924-75.4% | $2,281-79.3% |
| Participant deferral / active EE | $923 | $2,091-55.9% | $2,794-67.0% | $3,203-71.2% |
| Admin fee / account holder | $213 | $3,771-94.3% | $4,815-95.6% | $4,296-95.0% |