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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 | $9,788 | $58,493-83.3% | $84,021-88.4% | $72,975-86.6% |
| Participation rate | 43.8% | 61.2%-17.5pp | 69.0%-25.3pp | 69.5%-25.7pp |
| Annual return | 24.28% | 28.93%-4.7pp | 71.32%-47.0pp | 81.01%-56.7pp |
| Employer contribution / active EE | $445 | $1,163-61.8% | $1,984-77.6% | $2,440-81.8% |
| Participant deferral / active EE | $1,141 | $2,394-52.3% | $3,239-64.8% | $3,608-68.4% |
| Admin fee / account holder | $29 | $4,569-99.4% | $6,102-99.5% | $5,124-99.4% |