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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 | $11,105 | $61,660-82.0% | $80,022-86.1% | $64,173-82.7% |
| Participation rate | 37.9% | 71.7%-33.8pp | 75.8%-37.9pp | 69.6%-31.6pp |
| Annual return | 0.00% | -0.33%+0.3pp | 11.22%-11.2pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,405 | $1,810-22.4% | $2,468-43.1% | $2,381-41.0% |
| Participant deferral / active EE | $3,005 | $2,968+1.3% | $3,686-18.5% | $3,470-13.4% |
| Admin fee / account holder | $79 | $5,417-98.5% | $6,521-98.8% | $4,887-98.4% |