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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 | $9,061 | $72,273-87.5% | $101,275-91.1% | $79,856-88.7% |
| Participation rate | 51.4% | 68.5%-17.1pp | 75.8%-24.5pp | 69.6%-18.3pp |
| Annual return | 34.43% | 22.30%+12.1pp | 46.48%-12.1pp | 31.71%+2.7pp |
| Employer contribution / active EE | $795 | $2,691-70.4% | $3,660-78.3% | $2,471-67.8% |
| Participant deferral / active EE | $2,216 | $3,282-32.5% | $4,371-49.3% | $3,741-40.8% |
| Admin fee / account holder | $277 | $4,401-93.7% | $5,948-95.4% | $5,306-94.8% |