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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 | $5,179 | $48,078-89.2% | $78,676-93.4% | $62,881-91.8% |
| Participation rate | 50.0% | 65.2%-15.2pp | 73.6%-23.6pp | 69.3%-19.3pp |
| Annual return | 8.26% | 31.36%-23.1pp | 62.19%-53.9pp | 20.14%-11.9pp |
| Employer contribution / active EE | $494 | $2,015-75.5% | $2,850-82.7% | $2,281-78.3% |
| Participant deferral / active EE | $1,037 | $2,587-59.9% | $3,517-70.5% | $3,203-67.6% |
| Admin fee / account holder | $45 | $3,206-98.6% | $4,510-99.0% | $4,296-98.9% |