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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 | $8,921 | $56,894-84.3% | $84,753-89.5% | $62,881-85.8% |
| Participation rate | 38.7% | 68.5%-29.9pp | 76.6%-37.9pp | 69.3%-30.6pp |
| Annual return | 0.00% | 6.30%-6.3pp | 22.78%-22.8pp | 20.14%-20.1pp |
| Employer contribution / active EE | $1,046 | $2,400-56.4% | $3,574-70.7% | $2,281-54.2% |
| Participant deferral / active EE | $2,305 | $2,709-14.9% | $3,712-37.9% | $3,203-28.0% |
| Admin fee / account holder | $9 | $3,581-99.7% | $5,333-99.8% | $4,296-99.8% |