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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 | $13,297 | $48,300-72.5% | $40,145,923-100.0% | $62,881-78.9% |
| Participation rate | 45.2% | 62.0%-16.9pp | 68.4%-23.2pp | 69.3%-24.1pp |
| Annual return | 0.00% | 6.95%-7.0pp | 5.24%-5.2pp | 20.14%-20.1pp |
| Employer contribution / active EE | $1,309 | $1,333-1.8% | $1,844-29.0% | $2,281-42.6% |
| Participant deferral / active EE | $1,688 | $2,388-29.3% | $2,591-34.8% | $3,203-47.3% |
| Admin fee / account holder | $11 | $2,919-99.6% | $2,903-99.6% | $4,296-99.7% |