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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 | $6,099 | $53,596-88.6% | $90,657-93.3% | $64,173-90.5% |
| Participation rate | 57.7% | 64.5%-6.8pp | 74.0%-16.3pp | 69.6%-11.9pp |
| Annual return | 0.00% | 4.41%-4.4pp | 1.89%-1.9pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,021 | $1,503-32.1% | $2,532-59.7% | $2,381-57.1% |
| Participant deferral / active EE | $1,506 | $2,459-38.7% | $3,424-56.0% | $3,470-56.6% |
| Admin fee / account holder | $52 | $3,868-98.7% | $4,994-99.0% | $4,887-98.9% |