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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 | $9,343 | $99,345-90.6% | $84,753-89.0% | $273,972-96.6% |
| Participation rate | 69.2% | 80.7%-11.5pp | 76.6%-7.4pp | 83.0%-13.8pp |
| Annual return | 0.00% | 22.93%-22.9pp | 22.78%-22.8pp | 41.46%-41.5pp |
| Employer contribution / active EE | $1,262 | $4,214-70.1% | $3,574-64.7% | $4,869-74.1% |
| Participant deferral / active EE | $5,184 | $4,270+21.4% | $3,712+39.7% | $5,287-1.9% |
| Admin fee / account holder | $169 | $6,645-97.5% | $5,333-96.8% | $10,133-98.3% |