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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 | $11,131 | $49,025-77.3% | $87,502-87.3% | $62,881-82.3% |
| Participation rate | 28.0% | 64.9%-36.9pp | 73.8%-45.8pp | 69.3%-41.3pp |
| Annual return | 5.99% | 10.02%-4.0pp | 12.21%-6.2pp | 20.14%-14.1pp |
| Employer contribution / active EE | $368 | $1,372-73.2% | $2,550-85.6% | $2,281-83.9% |
| Participant deferral / active EE | $939 | $2,289-59.0% | $3,149-70.2% | $3,203-70.7% |
| Admin fee / account holder | $196 | $4,065-95.2% | $4,221-95.4% | $4,296-95.4% |