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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 | $11,203 | $48,364-76.8% | $71,796-84.4% | $62,881-82.2% |
| Participation rate | 47.7% | 60.6%-12.9pp | 69.1%-21.4pp | 69.3%-21.6pp |
| Annual return | 9.96% | 13.16%-3.2pp | 78.04%-68.1pp | 20.14%-10.2pp |
| Employer contribution / active EE | $638 | $1,042-38.8% | $1,924-66.9% | $2,281-72.0% |
| Participant deferral / active EE | $1,466 | $2,091-29.9% | $2,794-47.5% | $3,203-54.2% |
| Admin fee / account holder | $285 | $3,771-92.4% | $4,815-94.1% | $4,296-93.4% |