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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 | $10,266 | $47,848-78.5% | $81,473-87.4% | $70,126-85.4% |
| Participation rate | 68.0% | 58.3%+9.7pp | 68.0%0pp | 69.5%-1.5pp |
| Annual return | 0.00% | 27.25%-27.2pp | 38.78%-38.8pp | 73.15%-73.1pp |
| Employer contribution / active EE | $3,842 | $1,527+151.6% | $2,568+49.6% | $2,343+64.0% |
| Participant deferral / active EE | $1,655 | $2,453-32.5% | $3,537-53.2% | $3,332-50.3% |
| Admin fee / account holder | $105 | $3,145-96.7% | $4,561-97.7% | $4,645-97.7% |