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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 | $5,916 | $82,882-92.9% | $127,803-95.4% | $72,976-91.9% |
| Participation rate | 63.3% | 71.5%-8.2pp | 79.0%-15.7pp | 69.5%-6.2pp |
| Annual return | 0.00% | 32.20%-32.2pp | 26.14%-26.1pp | 81.02%-81.0pp |
| Employer contribution / active EE | $1,643 | $3,346-50.9% | $4,576-64.1% | $2,440-32.7% |
| Participant deferral / active EE | $2,348 | $4,791-51.0% | $6,023-61.0% | $3,608-34.9% |
| Admin fee / account holder | $28 | $6,487-99.6% | $9,399-99.7% | $5,124-99.5% |