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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 | $12,607 | $167,362-92.5% | $143,799-91.2% | $134,532-90.6% |
| Participation rate | 46.7% | 84.8%-38.2pp | 80.3%-33.6pp | 81.2%-34.6pp |
| Annual return | 0.35% | 0.47%-0.1pp | -0.04%+0.4pp | 418.27%-417.9pp |
| Employer contribution / active EE | $1,310 | $5,620-76.7% | $4,952-73.6% | $4,741-72.4% |
| Participant deferral / active EE | $4,439 | $6,447-31.1% | $5,638-21.3% | $6,401-30.6% |
| Admin fee / account holder | $46 | $18,094-99.7% | $14,677-99.7% | $11,429-99.6% |