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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 | $5,319 | $32,037-83.4% | $69,182-92.3% | $62,891-91.5% |
| Participation rate | 68.8% | 43.4%+25.3pp | 55.1%+13.6pp | 69.3%-0.6pp |
| Annual return | 9.56% | 15.16%-5.6pp | -21.94%+31.5pp | 20.14%-10.6pp |
| Employer contribution / active EE | $737 | $679+8.4% | $1,205-38.9% | $2,281-67.7% |
| Participant deferral / active EE | $1,095 | $1,185-7.6% | $1,896-42.2% | $3,203-65.8% |
| Admin fee / account holder | $0 | $2,608-100.0% | $2,697-100.0% | $4,296-100.0% |