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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 | $23,206 | $71,872-67.7% | $86,691-73.2% | $68,495-66.1% |
| Participation rate | 38.2% | 72.2%-34.0pp | 76.6%-38.4pp | 67.9%-29.7pp |
| Annual return | -16.54% | 3.53%-20.1pp | 35.94%-52.5pp | -7.84%-8.7pp |
| Employer contribution / active EE | $1,327 | $2,173-38.9% | $2,837-53.2% | $2,596-48.9% |
| Participant deferral / active EE | $2,626 | $3,779-30.5% | $4,656-43.6% | $4,028-34.8% |
| Admin fee / account holder | $9 | $6,112-99.9% | $7,492-99.9% | $5,403-99.8% |