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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 | $5,665 | $60,349-90.6% | $74,184-92.4% | $62,881-91.0% |
| Participation rate | 41.7% | 72.7%-31.1pp | 76.6%-35.0pp | 69.3%-27.6pp |
| Annual return | 0.00% | 21.38%-21.4pp | 17.74%-17.7pp | 20.14%-20.1pp |
| Employer contribution / active EE | $494 | $1,680-70.6% | $2,370-79.1% | $2,281-78.3% |
| Participant deferral / active EE | $1,850 | $2,856-35.2% | $3,550-47.9% | $3,203-42.3% |
| Admin fee / account holder | $20 | $4,261-99.5% | $5,586-99.6% | $4,296-99.5% |