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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 | $9,325 | $53,774-82.7% | $134,162-93.0% | $79,852-88.3% |
| Participation rate | 48.2% | 58.8%-10.6pp | 72.2%-24.0pp | 69.6%-21.4pp |
| Annual return | 0.00% | 19.01%-19.0pp | 36.35%-36.3pp | 31.72%-31.7pp |
| Employer contribution / active EE | $681 | $1,322-48.4% | $3,705-81.6% | $2,471-72.4% |
| Participant deferral / active EE | $1,258 | $2,420-48.0% | $3,500-64.1% | $3,740-66.4% |
| Admin fee / account holder | $237 | $3,985-94.1% | $6,685-96.5% | $5,306-95.5% |