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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 | $3,260 | $65,034-95.0% | $90,970-96.4% | $79,856-95.9% |
| Participation rate | 68.2% | 61.6%+6.6pp | 69.0%-0.8pp | 69.6%-1.5pp |
| Annual return | 0.00% | 30.45%-30.5pp | 134.60%-134.6pp | 31.71%-31.7pp |
| Employer contribution / active EE | $693 | $1,247-44.4% | $2,122-67.3% | $2,471-71.9% |
| Participant deferral / active EE | $1,404 | $2,512-44.1% | $3,373-58.4% | $3,741-62.5% |
| Admin fee / account holder | $10 | $4,536-99.8% | $5,961-99.8% | $5,306-99.8% |