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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 | $20,679 | $171,272-87.9% | $127,803-83.8% | $152,909-86.5% |
| Participation rate | 60.0% | 83.5%-23.5pp | 79.0%-19.0pp | 82.5%-22.5pp |
| Annual return | 0.00% | 23.54%-23.5pp | 26.14%-26.1pp | 345.46%-345.5pp |
| Employer contribution / active EE | $2,098 | $5,451-61.5% | $4,576-54.2% | $4,764-56.0% |
| Participant deferral / active EE | $9,385 | $7,043+33.2% | $6,023+55.8% | $5,851+60.4% |
| Admin fee / account holder | $112 | $14,540-99.2% | $9,399-98.8% | $11,601-99.0% |