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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 | $9,897 | $99,345-90.0% | $84,753-88.3% | $273,972-96.4% |
| Participation rate | 27.8% | 80.7%-52.9pp | 76.6%-48.8pp | 83.0%-55.2pp |
| Annual return | 8.65% | 22.93%-14.3pp | 22.78%-14.1pp | 41.46%-32.8pp |
| Employer contribution / active EE | $636 | $4,214-84.9% | $3,574-82.2% | $4,869-86.9% |
| Participant deferral / active EE | $1,195 | $4,270-72.0% | $3,712-67.8% | $5,287-77.4% |
| Admin fee / account holder | $71 | $6,645-98.9% | $5,333-98.7% | $10,133-99.3% |