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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 | $13,608 | $99,994-86.4% | $146,643-90.7% | $85,847-84.1% |
| Participation rate | 24.5% | 73.1%-48.6pp | 80.1%-55.6pp | 69.3%-44.8pp |
| Annual return | 0.00% | 18.93%-18.9pp | 22.75%-22.7pp | 318.61%-318.6pp |
| Employer contribution / active EE | $1,062 | $2,559-58.5% | $4,137-74.3% | $2,565-58.6% |
| Participant deferral / active EE | $2,450 | $4,006-38.9% | $5,506-55.5% | $3,952-38.0% |
| Admin fee / account holder | $82 | $7,703-98.9% | $10,280-99.2% | $6,261-98.7% |