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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 | $7,852 | $92,219-91.5% | $76,767-89.8% | $135,380-94.2% |
| Participation rate | 54.5% | 79.8%-25.2pp | 77.0%-22.4pp | 82.6%-28.1pp |
| Annual return | 0.00% | 5.46%-5.5pp | 2.43%-2.4pp | 519.81%-519.8pp |
| Employer contribution / active EE | $1,159 | $3,216-64.0% | $2,485-53.4% | $4,779-75.7% |
| Participant deferral / active EE | $6,177 | $4,508+37.0% | $3,852+60.4% | $5,609+10.1% |
| Admin fee / account holder | $13 | $10,749-99.9% | $6,675-99.8% | $10,828-99.9% |