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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 | $11,087 | $56,054-80.2% | $171,082-93.5% | $62,881-82.4% |
| Participation rate | 46.2% | 62.9%-16.7pp | 76.7%-30.5pp | 69.3%-23.2pp |
| Annual return | 7.63% | 22.52%-14.9pp | 32.56%-24.9pp | 20.14%-12.5pp |
| Employer contribution / active EE | $490 | $1,731-71.7% | $4,002-87.7% | $2,281-78.5% |
| Participant deferral / active EE | $1,441 | $3,158-54.4% | $4,797-70.0% | $3,203-55.0% |
| Admin fee / account holder | $70 | $3,647-98.1% | $8,520-99.2% | $4,296-98.4% |