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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 | $6,111 | $35,183-82.6% | $73,550-91.7% | $70,126-91.3% |
| Participation rate | 44.4% | 42.9%+1.5pp | 54.9%-10.5pp | 69.5%-25.1pp |
| Annual return | 24.37% | 26.90%-2.5pp | -15.16%+39.5pp | 73.15%-48.8pp |
| Employer contribution / active EE | $636 | $709-10.2% | $1,219-47.8% | $2,343-72.8% |
| Participant deferral / active EE | $1,433 | $1,220+17.5% | $1,804-20.5% | $3,332-57.0% |
| Admin fee / account holder | $77 | $2,302-96.7% | $2,320-96.7% | $4,645-98.3% |