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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 | $5,644 | $81,494-93.1% | $133,978-95.8% | $73,497-92.3% |
| Participation rate | 66.1% | 76.4%-10.3pp | 79.8%-13.7pp | 70.7%-4.6pp |
| Annual return | 0.00% | 19.40%-19.4pp | 45.10%-45.1pp | 28.51%-28.5pp |
| Employer contribution / active EE | $1,273 | $2,210-42.4% | $3,919-67.5% | $2,270-43.9% |
| Participant deferral / active EE | $2,141 | $3,787-43.5% | $5,047-57.6% | $3,740-42.7% |
| Admin fee / account holder | $33 | $713-95.4% | $8,930-99.6% | $513-93.6% |