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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 | $64,517-84.3% | $81,438-87.5% | $80,874-87.4% |
| Participation rate | 8.8% | 63.9%-55.1pp | 69.5%-60.7pp | 67.6%-58.8pp |
| Annual return | 12.22% | 16.35%-4.1pp | 24.74%-12.5pp | 35.62%-23.4pp |
| Employer contribution / active EE | $0 | $1,982-100.0% | $2,460-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $0 | $3,096-100.0% | $3,883-100.0% | $4,297-100.0% |
| Admin fee / account holder | $175 | $5,677-96.9% | $5,764-97.0% | $6,935-97.5% |