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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 | $5,623 | $55,684-89.9% | $75,900-92.6% | $72,976-92.3% |
| Participation rate | 66.7% | 61.1%+5.5pp | 69.3%-2.6pp | 69.5%-2.8pp |
| Annual return | 0.00% | 27.60%-27.6pp | 30.73%-30.7pp | 81.02%-81.0pp |
| Employer contribution / active EE | $1,117 | $1,687-33.8% | $2,501-55.3% | $2,440-54.2% |
| Participant deferral / active EE | $1,550 | $2,634-41.1% | $3,604-57.0% | $3,608-57.0% |
| Admin fee / account holder | $13 | $3,981-99.7% | $5,421-99.8% | $5,124-99.7% |