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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 | $4,987 | $58,851-91.5% | $115,170-95.7% | $72,983-93.2% |
| Participation rate | 69.2% | 65.5%+3.7pp | 75.9%-6.7pp | 69.5%-0.3pp |
| Annual return | 0.00% | 23.16%-23.2pp | 35.60%-35.6pp | 81.01%-81.0pp |
| Employer contribution / active EE | $1,604 | $1,798-10.8% | $3,179-49.5% | $2,440-34.3% |
| Participant deferral / active EE | $1,896 | $2,643-28.3% | $4,169-54.5% | $3,608-47.4% |
| Admin fee / account holder | $5 | $6,370-99.9% | $7,089-99.9% | $5,124-99.9% |