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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 | $9,473 | $56,287-83.2% | $80,977-88.3% | $62,881-84.9% |
| Participation rate | 45.8% | 68.9%-23.1pp | 75.8%-30.0pp | 69.3%-23.5pp |
| Annual return | 24.24% | 22.13%+2.1pp | 17.11%+7.1pp | 20.14%+4.1pp |
| Employer contribution / active EE | $975 | $1,943-49.8% | $3,715-73.7% | $2,281-57.2% |
| Participant deferral / active EE | $2,201 | $4,196-47.5% | $5,696-61.4% | $3,203-31.3% |
| Admin fee / account holder | $32 | $3,742-99.2% | $5,517-99.4% | $4,296-99.3% |