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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 | $5,164 | $59,804-91.4% | $81,982-93.7% | $79,856-93.5% |
| Participation rate | 49.2% | 61.6%-12.5pp | 69.3%-20.1pp | 69.6%-20.5pp |
| Annual return | 0.00% | 17.56%-17.6pp | 41.31%-41.3pp | 31.71%-31.7pp |
| Employer contribution / active EE | $717 | $1,713-58.1% | $2,498-71.3% | $2,471-71.0% |
| Participant deferral / active EE | $1,693 | $2,695-37.2% | $3,722-54.5% | $3,741-54.7% |
| Admin fee / account holder | $183 | $4,288-95.7% | $5,665-96.8% | $5,306-96.6% |