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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 | $10,150 | $63,845-84.1% | $81,370-87.5% | $80,959-87.5% |
| Participation rate | 8.8% | 63.9%-55.1pp | 69.5%-60.7pp | 67.7%-58.8pp |
| Annual return | 12.22% | 16.37%-4.1pp | 24.85%-12.6pp | 35.67%-23.4pp |
| Employer contribution / active EE | $0 | $1,980-100.0% | $2,464-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $0 | $3,093-100.0% | $3,885-100.0% | $4,300-100.0% |
| Admin fee / account holder | $175 | $5,688-96.9% | $5,749-96.9% | $6,925-97.5% |