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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 | $19,009 | $135,956-86.0% | $123,894-84.7% | $273,972-93.1% |
| Participation rate | 57.1% | 84.1%-26.9pp | 81.4%-24.3pp | 83.0%-25.9pp |
| Annual return | 0.00% | 56.63%-56.6pp | 47.52%-47.5pp | 41.46%-41.5pp |
| Employer contribution / active EE | $1,436 | $5,170-72.2% | $4,617-68.9% | $4,869-70.5% |
| Participant deferral / active EE | $5,690 | $6,343-10.3% | $5,984-4.9% | $5,287+7.6% |
| Admin fee / account holder | $226 | $9,817-97.7% | $8,357-97.3% | $10,133-97.8% |