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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 | $9,061 | $76,551-88.2% | $123,894-92.7% | $62,881-85.6% |
| Participation rate | 30.3% | 73.0%-42.7pp | 81.4%-51.1pp | 69.3%-39.0pp |
| Annual return | 0.00% | 18.68%-18.7pp | 47.52%-47.5pp | 20.14%-20.1pp |
| Employer contribution / active EE | $867 | $2,882-69.9% | $4,617-81.2% | $2,281-62.0% |
| Participant deferral / active EE | $2,099 | $4,840-56.6% | $5,984-64.9% | $3,203-34.5% |
| Admin fee / account holder | $101 | $4,826-97.9% | $8,357-98.8% | $4,296-97.6% |