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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 | $5,141 | $97,020-94.7% | $83,327-93.8% | $135,380-96.2% |
| Participation rate | 55.0% | 80.4%-25.4pp | 77.8%-22.8pp | 82.6%-27.6pp |
| Annual return | 0.00% | 12.31%-12.3pp | 10.64%-10.6pp | 519.81%-519.8pp |
| Employer contribution / active EE | $1,361 | $4,144-67.1% | $3,379-59.7% | $4,779-71.5% |
| Participant deferral / active EE | $1,915 | $5,964-67.9% | $5,565-65.6% | $5,609-65.9% |
| Admin fee / account holder | $3 | $8,426-100.0% | $7,540-100.0% | $10,828-100.0% |