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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 | $21,290 | $61,660-65.5% | $80,022-73.4% | $64,181-66.8% |
| Participation rate | 29.8% | 71.7%-41.9pp | 75.8%-46.0pp | 69.6%-39.8pp |
| Annual return | 245.57% | -0.33%+245.9pp | 11.22%+234.4pp | 7.63%+237.9pp |
| Employer contribution / active EE | $0 | $1,810-100.0% | $2,468-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $2,362 | $2,968-20.4% | $3,686-35.9% | $3,470-31.9% |
| Admin fee / account holder | $44 | $5,417-99.2% | $6,521-99.3% | $4,887-99.1% |