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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 | $6,813 | $73,955-90.8% | $96,520-92.9% | $75,181-90.9% |
| Participation rate | 63.9% | 66.4%-2.5pp | 74.3%-10.5pp | 67.2%-3.3pp |
| Annual return | 0.00% | 26.72%-26.7pp | 35.72%-35.7pp | 160.69%-160.7pp |
| Employer contribution / active EE | $1,940 | $2,930-33.8% | $3,739-48.1% | $2,671-27.4% |
| Participant deferral / active EE | $2,468 | $3,659-32.6% | $4,879-49.4% | $4,126-40.2% |
| Admin fee / account holder | $28 | $5,217-99.5% | $6,733-99.6% | $5,650-99.5% |