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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 | $15,778 | $211,946-92.6% | $169,452-90.7% | $135,379-88.3% |
| Participation rate | 60.0% | 82.6%-22.6pp | 77.8%-17.8pp | 82.6%-22.6pp |
| Annual return | 0.00% | 3.26%-3.3pp | 1.83%-1.8pp | 519.79%-519.8pp |
| Employer contribution / active EE | $1,949 | $5,117-61.9% | $4,157-53.1% | $4,779-59.2% |
| Participant deferral / active EE | $2,812 | $6,075-53.7% | $5,277-46.7% | $5,609-49.9% |
| Admin fee / account holder | $171 | $11,472-98.5% | $9,110-98.1% | $10,828-98.4% |