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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 | $10,810 | $95,193-88.6% | $76,523-85.9% | $135,382-92.0% |
| Participation rate | 60.0% | 74.4%-14.4pp | 68.0%-8.0pp | 82.6%-22.6pp |
| Annual return | 0.00% | 4.85%-4.8pp | -0.27%+0.3pp | 519.77%-519.8pp |
| Employer contribution / active EE | $3,910 | $3,302+18.4% | $2,647+47.7% | $4,779-18.2% |
| Participant deferral / active EE | $3,802 | $4,639-18.0% | $3,835-0.9% | $5,609-32.2% |
| Admin fee / account holder | $27 | $6,249-99.6% | $4,848-99.4% | $10,829-99.7% |