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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 | $7,523 | $93,064-91.9% | $74,577-89.9% | $273,972-97.3% |
| Participation rate | 66.7% | 74.9%-8.3pp | 68.1%-1.4pp | 83.0%-16.3pp |
| Annual return | 0.00% | 26.18%-26.2pp | 20.47%-20.5pp | 41.46%-41.5pp |
| Employer contribution / active EE | $1,635 | $3,160-48.3% | $2,525-35.3% | $4,869-66.4% |
| Participant deferral / active EE | $3,258 | $4,160-21.7% | $3,458-5.8% | $5,287-38.4% |
| Admin fee / account holder | $48 | $5,273-99.1% | $4,138-98.8% | $10,133-99.5% |