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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 | $13,010 | $59,813-78.2% | $79,580-83.7% | $68,486-81.0% |
| Participation rate | 62.5% | 61.1%+1.4pp | 69.5%-7.0pp | 67.9%-5.4pp |
| Annual return | 0.00% | -12.30%+12.3pp | 0.15%-0.2pp | -7.85%+7.9pp |
| Employer contribution / active EE | $3,189 | $1,505+111.9% | $2,413+32.1% | $2,597+22.8% |
| Participant deferral / active EE | $5,827 | $3,024+92.7% | $3,985+46.2% | $4,028+44.7% |
| Admin fee / account holder | $83 | $4,835-98.3% | $6,835-98.8% | $5,404-98.5% |