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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 | $5,746 | $35,183-83.7% | $73,550-92.2% | $70,126-91.8% |
| Participation rate | 38.3% | 42.9%-4.6pp | 54.9%-16.6pp | 69.5%-31.2pp |
| Annual return | 32.91% | 26.90%+6.0pp | -15.16%+48.1pp | 73.15%-40.2pp |
| Employer contribution / active EE | $695 | $709-1.9% | $1,219-43.0% | $2,343-70.3% |
| Participant deferral / active EE | $726 | $1,220-40.5% | $1,804-59.7% | $3,332-78.2% |
| Admin fee / account holder | $167 | $2,302-92.8% | $2,320-92.8% | $4,645-96.4% |