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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 | $5,345 | $99,345-94.6% | $84,753-93.7% | $273,972-98.0% |
| Participation rate | 50.0% | 80.7%-30.7pp | 76.6%-26.6pp | 83.0%-33.0pp |
| Annual return | 0.00% | 22.93%-22.9pp | 22.78%-22.8pp | 41.46%-41.5pp |
| Employer contribution / active EE | $1,059 | $4,214-74.9% | $3,574-70.4% | $4,869-78.2% |
| Participant deferral / active EE | $2,212 | $4,270-48.2% | $3,712-40.4% | $5,287-58.2% |
| Admin fee / account holder | $86 | $6,645-98.7% | $5,333-98.4% | $10,133-99.1% |