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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 | $14,003 | $65,034-78.5% | $90,970-84.6% | $79,856-82.5% |
| Participation rate | 60.4% | 61.6%-1.2pp | 69.0%-8.6pp | 69.6%-9.3pp |
| Annual return | 0.00% | 30.45%-30.5pp | 134.60%-134.6pp | 31.71%-31.7pp |
| Employer contribution / active EE | $1,505 | $1,247+20.6% | $2,122-29.1% | $2,471-39.1% |
| Participant deferral / active EE | $2,147 | $2,512-14.6% | $3,373-36.4% | $3,741-42.6% |
| Admin fee / account holder | $268 | $4,536-94.1% | $5,961-95.5% | $5,306-95.0% |