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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 | $12,118 | $59,834-79.7% | $79,576-84.8% | $68,495-82.3% |
| Participation rate | 66.1% | 61.1%+5.0pp | 69.5%-3.4pp | 67.9%-1.8pp |
| Annual return | 0.00% | -12.30%+12.3pp | 0.15%-0.1pp | -7.84%+7.8pp |
| Employer contribution / active EE | $2,277 | $1,505+51.3% | $2,413-5.6% | $2,596-12.3% |
| Participant deferral / active EE | $5,645 | $3,024+86.7% | $3,985+41.7% | $4,028+40.2% |
| Admin fee / account holder | $25 | $4,835-99.5% | $6,834-99.6% | $5,403-99.5% |