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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 | $15,784 | $48,364-67.4% | $71,796-78.0% | $62,881-74.9% |
| Participation rate | 27.0% | 60.6%-33.6pp | 69.1%-42.1pp | 69.3%-42.3pp |
| Annual return | 10.08% | 13.16%-3.1pp | 78.04%-68.0pp | 20.14%-10.1pp |
| Employer contribution / active EE | $643 | $1,042-38.3% | $1,924-66.6% | $2,281-71.8% |
| Participant deferral / active EE | $1,218 | $2,091-41.7% | $2,794-56.4% | $3,203-62.0% |
| Admin fee / account holder | $150 | $3,771-96.0% | $4,815-96.9% | $4,296-96.5% |