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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 | $8,731 | $54,541-84.0% | $78,778-88.9% | $70,126-87.5% |
| Participation rate | 58.6% | 60.8%-2.2pp | 69.2%-10.6pp | 69.5%-10.9pp |
| Annual return | 19.45% | 21.07%-1.6pp | 35.62%-16.2pp | 73.15%-53.7pp |
| Employer contribution / active EE | $1,102 | $1,089+1.3% | $1,986-44.5% | $2,343-52.9% |
| Participant deferral / active EE | $1,549 | $2,210-29.9% | $2,958-47.6% | $3,332-53.5% |
| Admin fee / account holder | $120 | $3,709-96.8% | $5,134-97.7% | $4,645-97.4% |