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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 | $14,485 | $165,381-91.2% | $149,730-90.3% | $158,966-90.9% |
| Participation rate | 58.3% | 84.6%-26.2pp | 82.5%-24.1pp | 82.0%-23.6pp |
| Annual return | 0.00% | 348.29%-348.3pp | 276.70%-276.7pp | 302.95%-302.9pp |
| Employer contribution / active EE | $2,496 | $5,104-51.1% | $4,645-46.3% | $4,762-47.6% |
| Participant deferral / active EE | $6,865 | $7,182-4.4% | $6,843+0.3% | $5,983+14.7% |
| Admin fee / account holder | $222 | $10,809-97.9% | $9,310-97.6% | $11,250-98.0% |