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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 | $6,339 | $105,929-94.0% | $81,716-92.2% | $158,966-96.0% |
| Participation rate | 45.5% | 75.6%-30.1pp | 72.0%-26.5pp | 82.0%-36.5pp |
| Annual return | 0.00% | 38.19%-38.2pp | 29.49%-29.5pp | 302.95%-302.9pp |
| Employer contribution / active EE | $1,414 | $7,802-81.9% | $4,310-67.2% | $4,762-70.3% |
| Participant deferral / active EE | $2,463 | $13,007-81.1% | $7,108-65.3% | $5,983-58.8% |
| Admin fee / account holder | $14 | $8,492-99.8% | $5,159-99.7% | $11,250-99.9% |