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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 | $15,027 | $107,809-86.1% | $90,657-83.4% | $135,380-88.9% |
| Participation rate | 68.4% | 78.0%-9.6pp | 74.0%-5.6pp | 82.6%-14.2pp |
| Annual return | -1.09% | -0.90%-0.2pp | 1.89%-3.0pp | 519.81%-520.9pp |
| Employer contribution / active EE | $456 | $3,018-84.9% | $2,532-82.0% | $4,779-90.4% |
| Participant deferral / active EE | $435 | $3,872-88.8% | $3,424-87.3% | $5,609-92.2% |
| Admin fee / account holder | $111 | $5,931-98.1% | $4,994-97.8% | $10,828-99.0% |