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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 | $7,930 | $58,600-86.5% | $83,327-90.5% | $64,173-87.6% |
| Participation rate | 62.9% | 72.0%-9.1pp | 77.8%-14.9pp | 69.6%-6.7pp |
| Annual return | 0.00% | 9.66%-9.7pp | 10.64%-10.6pp | 7.63%-7.6pp |
| Employer contribution / active EE | $2,041 | $2,098-2.7% | $3,379-39.6% | $2,381-14.3% |
| Participant deferral / active EE | $2,977 | $4,656-36.1% | $5,565-46.5% | $3,470-14.2% |
| Admin fee / account holder | $0 | $9,282-100.0% | $7,540-100.0% | $4,887-100.0% |