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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 | $11,638 | $110,240-89.4% | $96,544-87.9% | $139,487-91.7% |
| Participation rate | 47.4% | 78.1%-30.8pp | 76.0%-28.6pp | 80.3%-33.0pp |
| Annual return | 0.00% | 26.41%-26.4pp | 25.88%-25.9pp | 373.84%-373.8pp |
| Employer contribution / active EE | $890 | $3,622-75.4% | $2,966-70.0% | $4,755-81.3% |
| Participant deferral / active EE | $4,299 | $5,549-22.5% | $4,851-11.4% | $6,713-36.0% |
| Admin fee / account holder | $9 | $11,602-99.9% | $8,254-99.9% | $11,407-99.9% |