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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 | $8,821 | $45,438-80.6% | $80,004-89.0% | $59,633-85.2% |
| Participation rate | 62.0% | 63.7%-1.8pp | 73.0%-11.0pp | 68.7%-6.7pp |
| Annual return | 0.00% | 5.10%-5.1pp | 7.63%-7.6pp | 2041.40%-2041.4pp |
| Employer contribution / active EE | $1,198 | $1,236-3.0% | $2,473-51.5% | $2,203-45.6% |
| Participant deferral / active EE | $2,152 | $2,231-3.5% | $3,204-32.8% | $3,192-32.6% |
| Admin fee / account holder | $157 | $3,464-95.5% | $5,033-96.9% | $4,297-96.3% |