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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 | $11,119 | $103,949-89.3% | $69,182-83.9% | $273,972-95.9% |
| Participation rate | 33.3% | 67.4%-34.0pp | 55.1%-21.8pp | 83.0%-49.7pp |
| Annual return | 0.00% | 35.28%-35.3pp | -21.93%+21.9pp | 41.46%-41.5pp |
| Employer contribution / active EE | $401 | $1,783-77.5% | $1,206-66.8% | $4,869-91.8% |
| Participant deferral / active EE | $3,138 | $2,716+15.5% | $1,897+65.4% | $5,287-40.6% |
| Admin fee / account holder | $15 | $3,671-99.6% | $2,697-99.5% | $10,133-99.9% |