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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 | $5,772 | $58,851-90.2% | $115,170-95.0% | $72,975-92.1% |
| Participation rate | 65.5% | 65.5%0pp | 75.9%-10.4pp | 69.5%-4.0pp |
| Annual return | 0.00% | 23.16%-23.2pp | 35.60%-35.6pp | 81.01%-81.0pp |
| Employer contribution / active EE | $1,329 | $1,798-26.1% | $3,179-58.2% | $2,440-45.6% |
| Participant deferral / active EE | $2,213 | $2,643-16.2% | $4,169-46.9% | $3,608-38.7% |
| Admin fee / account holder | $29 | $6,370-99.5% | $7,089-99.6% | $5,124-99.4% |