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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 | $21,358 | $106,524-79.9% | $152,301-86.0% | $87,485-75.6% |
| Participation rate | 45.6% | 75.8%-30.1pp | 82.4%-36.8pp | 68.9%-23.3pp |
| Annual return | 22.74% | 26.89%-4.1pp | 80.50%-57.8pp | 26.06%-3.3pp |
| Employer contribution / active EE | $1,709 | $3,371-49.3% | $4,624-63.1% | $2,596-34.2% |
| Participant deferral / active EE | $2,978 | $6,525-54.4% | $8,004-62.8% | $4,274-30.3% |
| Admin fee / account holder | $217 | $8,287-97.4% | $14,398-98.5% | $7,775-97.2% |