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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 | $17,444 | $54,541-68.0% | $78,778-77.9% | $70,126-75.1% |
| Participation rate | 52.0% | 60.8%-8.8pp | 69.2%-17.2pp | 69.5%-17.5pp |
| Annual return | 16.23% | 21.07%-4.8pp | 35.62%-19.4pp | 73.15%-56.9pp |
| Employer contribution / active EE | $0 | $1,089-100.0% | $1,986-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,579 | $2,210-28.6% | $2,958-46.6% | $3,332-52.6% |
| Admin fee / account holder | $182 | $3,709-95.1% | $5,134-96.5% | $4,645-96.1% |