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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 | $11,157 | $50,958-78.1% | $74,552-85.0% | $64,181-82.6% |
| Participation rate | 42.9% | 61.1%-18.2pp | 69.1%-26.3pp | 69.6%-26.7pp |
| Annual return | -6.55% | -1.86%-4.7pp | 32.53%-39.1pp | 7.63%-14.2pp |
| Employer contribution / active EE | $619 | $1,115-44.5% | $1,961-68.4% | $2,381-74.0% |
| Participant deferral / active EE | $1,660 | $2,301-27.9% | $3,108-46.6% | $3,470-52.2% |
| Admin fee / account holder | $45 | $4,223-98.9% | $5,060-99.1% | $4,887-99.1% |