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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 | $13,638 | $71,057-80.8% | $93,654-85.4% | $80,874-83.1% |
| Participation rate | 42.3% | 60.4%-18.1pp | 68.7%-26.4pp | 67.6%-25.3pp |
| Annual return | 23.83% | 11.26%+12.6pp | 133.34%-109.5pp | 35.62%-11.8pp |
| Employer contribution / active EE | $1,094 | $1,564-30.0% | $2,421-54.8% | $2,756-60.3% |
| Participant deferral / active EE | $1,287 | $4,034-68.1% | $4,413-70.8% | $4,297-70.0% |
| Admin fee / account holder | $48 | $6,944-99.3% | $8,282-99.4% | $6,935-99.3% |