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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 | $14,793 | $95,453-84.5% | $112,040-86.8% | $82,448-82.1% |
| Participation rate | 32.5% | 72.8%-40.3pp | 76.5%-44.0pp | 68.1%-35.6pp |
| Annual return | 27.92% | 23.92%+4.0pp | 24.52%+3.4pp | 41.64%-13.7pp |
| Employer contribution / active EE | $0 | $2,318-100.0% | $2,954-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $3,834 | $4,224-9.2% | $5,098-24.8% | $4,139-7.4% |
| Admin fee / account holder | $222 | $9,013-97.5% | $12,098-98.2% | $7,234-96.9% |