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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 | $5,374 | $106,115-94.9% | $85,969-93.7% | $125,389-95.7% |
| Participation rate | 54.5% | 84.1%-29.5pp | 76.5%-22.0pp | 83.2%-28.6pp |
| Annual return | 0.00% | 13.93%-13.9pp | 9.32%-9.3pp | 282.24%-282.2pp |
| Employer contribution / active EE | $1,335 | $4,537-70.6% | $3,474-61.6% | $4,866-72.6% |
| Participant deferral / active EE | $1,643 | $4,859-66.2% | $3,829-57.1% | $5,352-69.3% |
| Admin fee / account holder | $0 | $8,144-100.0% | $6,053-100.0% | $9,541-100.0% |