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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 | $5,277 | $96,956-94.6% | $69,779-92.4% | $273,972-98.1% |
| Participation rate | 40.0% | 77.1%-37.1pp | 71.8%-31.8pp | 83.0%-43.0pp |
| Annual return | 0.00% | 12.93%-12.9pp | 12.99%-13.0pp | 41.46%-41.5pp |
| Employer contribution / active EE | $862 | $3,316-74.0% | $2,338-63.1% | $4,869-82.3% |
| Participant deferral / active EE | $1,233 | $3,744-67.1% | $2,931-57.9% | $5,287-76.7% |
| Admin fee / account holder | $0 | $7,934-100.0% | $4,381-100.0% | $10,133-100.0% |