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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 | $12,020 | $93,064-87.1% | $74,577-83.9% | $273,972-95.6% |
| Participation rate | 60.0% | 74.9%-14.9pp | 68.1%-8.1pp | 83.0%-23.0pp |
| Annual return | 3.29% | 26.18%-22.9pp | 20.47%-17.2pp | 41.46%-38.2pp |
| Employer contribution / active EE | $795 | $3,160-74.8% | $2,525-68.5% | $4,869-83.7% |
| Participant deferral / active EE | $855 | $4,160-79.4% | $3,458-75.3% | $5,287-83.8% |
| Admin fee / account holder | $140 | $5,273-97.3% | $4,138-96.6% | $10,133-98.6% |