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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 | $12,079 | $167,353-92.8% | $143,797-91.6% | $134,545-91.0% |
| Participation rate | 66.7% | 84.8%-18.2pp | 80.3%-13.7pp | 81.2%-14.6pp |
| Annual return | 0.00% | 0.48%-0.5pp | -0.04%0pp | 418.37%-418.4pp |
| Employer contribution / active EE | $1,772 | $5,620-68.5% | $4,952-64.2% | $4,742-62.6% |
| Participant deferral / active EE | $6,673 | $6,447+3.5% | $5,638+18.3% | $6,401+4.2% |
| Admin fee / account holder | $25 | $18,096-99.9% | $14,679-99.8% | $11,431-99.8% |