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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 | $8,335 | $99,345-91.6% | $84,753-90.2% | $273,972-97.0% |
| Participation rate | 64.3% | 80.7%-16.4pp | 76.6%-12.3pp | 83.0%-18.7pp |
| Annual return | 0.00% | 22.93%-22.9pp | 22.78%-22.8pp | 41.46%-41.5pp |
| Employer contribution / active EE | $1,275 | $4,214-69.7% | $3,574-64.3% | $4,869-73.8% |
| Participant deferral / active EE | $4,563 | $4,270+6.9% | $3,712+22.9% | $5,287-13.7% |
| Admin fee / account holder | $39 | $6,645-99.4% | $5,333-99.3% | $10,133-99.6% |