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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 | $8,321 | $56,110-85.2% | $94,993-91.2% | $70,124-88.1% |
| Participation rate | 68.0% | 65.0%+3.0pp | 73.9%-5.9pp | 69.5%-1.5pp |
| Annual return | 0.00% | 51.02%-51.0pp | 27.14%-27.1pp | 73.14%-73.1pp |
| Employer contribution / active EE | $976 | $1,442-32.3% | $2,603-62.5% | $2,342-58.3% |
| Participant deferral / active EE | $3,546 | $2,391+48.3% | $3,317+6.9% | $3,332+6.4% |
| Admin fee / account holder | $50 | $3,456-98.5% | $4,960-99.0% | $4,645-98.9% |