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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 | $10,227 | $87,542-88.3% | $75,782-86.5% | $125,393-91.8% |
| Participation rate | 33.3% | 80.2%-46.8pp | 75.8%-42.5pp | 83.2%-49.9pp |
| Annual return | 0.00% | 13.48%-13.5pp | 9.68%-9.7pp | 282.23%-282.2pp |
| Employer contribution / active EE | $676 | $3,930-82.8% | $3,323-79.6% | $4,866-86.1% |
| Participant deferral / active EE | $2,788 | $4,229-34.1% | $3,652-23.7% | $5,351-47.9% |
| Admin fee / account holder | $38 | $6,502-99.4% | $5,300-99.3% | $9,541-99.6% |