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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 | $8,085 | $93,064-91.3% | $74,577-89.2% | $273,972-97.0% |
| Participation rate | 58.8% | 74.9%-16.1pp | 68.1%-9.3pp | 83.0%-24.2pp |
| Annual return | 0.00% | 26.18%-26.2pp | 20.47%-20.5pp | 41.46%-41.5pp |
| Employer contribution / active EE | $286 | $3,160-91.0% | $2,525-88.7% | $4,869-94.1% |
| Participant deferral / active EE | $1,875 | $4,160-54.9% | $3,458-45.8% | $5,287-64.5% |
| Admin fee / account holder | $33 | $5,273-99.4% | $4,138-99.2% | $10,133-99.7% |