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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 | $13,031 | $56,484-76.9% | $169,452-92.3% | $64,173-79.7% |
| Participation rate | 36.2% | 64.5%-28.3pp | 77.8%-41.6pp | 69.6%-33.4pp |
| Annual return | -2.33% | -1.55%-0.8pp | 1.83%-4.2pp | 7.63%-10.0pp |
| Employer contribution / active EE | $1,013 | $1,832-44.7% | $4,157-75.6% | $2,381-57.5% |
| Participant deferral / active EE | $1,310 | $3,448-62.0% | $5,277-75.2% | $3,470-62.3% |
| Admin fee / account holder | $65 | $4,174-98.4% | $9,110-99.3% | $4,887-98.7% |