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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 | $8,176 | $167,353-95.1% | $143,797-94.3% | $134,545-93.9% |
| Participation rate | 60.0% | 84.8%-24.8pp | 80.3%-20.3pp | 81.2%-21.2pp |
| Annual return | 0.00% | 0.48%-0.5pp | -0.04%0pp | 418.37%-418.4pp |
| Employer contribution / active EE | $1,709 | $5,620-69.6% | $4,952-65.5% | $4,742-64.0% |
| Participant deferral / active EE | $4,582 | $6,447-28.9% | $5,638-18.7% | $6,401-28.4% |
| Admin fee / account holder | $219 | $18,096-98.8% | $14,679-98.5% | $11,431-98.1% |