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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 | $4,071 | $99,345-95.9% | $84,753-95.2% | $273,972-98.5% |
| Participation rate | 47.6% | 80.7%-33.1pp | 76.6%-29.0pp | 83.0%-35.4pp |
| Annual return | 0.00% | 22.93%-22.9pp | 22.78%-22.8pp | 41.46%-41.5pp |
| Employer contribution / active EE | $1,008 | $4,214-76.1% | $3,574-71.8% | $4,869-79.3% |
| Participant deferral / active EE | $1,038 | $4,270-75.7% | $3,712-72.0% | $5,287-80.4% |
| Admin fee / account holder | $291 | $6,645-95.6% | $5,333-94.5% | $10,133-97.1% |