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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 | $4,897 | $96,956-94.9% | $69,779-93.0% | $273,972-98.2% |
| Participation rate | 52.4% | 77.1%-24.7pp | 71.8%-19.4pp | 83.0%-30.6pp |
| Annual return | 0.00% | 12.93%-12.9pp | 12.99%-13.0pp | 41.46%-41.5pp |
| Employer contribution / active EE | $1,073 | $3,316-67.6% | $2,338-54.1% | $4,869-78.0% |
| Participant deferral / active EE | $1,297 | $3,744-65.4% | $2,931-55.8% | $5,287-75.5% |
| Admin fee / account holder | $0 | $7,934-100.0% | $4,381-100.0% | $10,133-100.0% |