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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 | $5,558 | $56,894-90.2% | $84,753-93.4% | $62,881-91.2% |
| Participation rate | 51.2% | 68.5%-17.3pp | 76.6%-25.4pp | 69.3%-18.1pp |
| Annual return | 0.00% | 6.30%-6.3pp | 22.78%-22.8pp | 20.14%-20.1pp |
| Employer contribution / active EE | $1,085 | $2,400-54.8% | $3,574-69.6% | $2,281-52.4% |
| Participant deferral / active EE | $1,745 | $2,709-35.6% | $3,712-53.0% | $3,203-45.5% |
| Admin fee / account holder | $11 | $3,581-99.7% | $5,333-99.8% | $4,296-99.7% |