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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 | $20,087 | $167,533-88.0% | $151,645-86.8% | $134,545-85.1% |
| Participation rate | 50.0% | 88.4%-38.4pp | 87.5%-37.5pp | 81.2%-31.2pp |
| Annual return | 0.00% | 7.81%-7.8pp | 3.34%-3.3pp | 418.37%-418.4pp |
| Employer contribution / active EE | $2,500 | $6,828-63.4% | $6,165-59.4% | $4,742-47.3% |
| Participant deferral / active EE | $7,500 | $8,985-16.5% | $8,363-10.3% | $6,401+17.2% |
| Admin fee / account holder | $6 | $13,781-100.0% | $11,614-99.9% | $11,431-99.9% |