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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 | $10,891 | $103,949-89.5% | $69,182-84.3% | $273,972-96.0% |
| Participation rate | 55.6% | 67.4%-11.8pp | 55.1%+0.4pp | 83.0%-27.5pp |
| Annual return | 3.17% | 35.28%-32.1pp | -21.93%+25.1pp | 41.46%-38.3pp |
| Employer contribution / active EE | $823 | $1,783-53.8% | $1,206-31.8% | $4,869-83.1% |
| Participant deferral / active EE | $4,713 | $2,716+73.5% | $1,897+148.5% | $5,287-10.9% |
| Admin fee / account holder | $156 | $3,671-95.8% | $2,697-94.2% | $10,133-98.5% |