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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 | $5,880 | $77,817-92.4% | $123,553-95.2% | $64,173-90.8% |
| Participation rate | 60.3% | 74.7%-14.5pp | 82.3%-22.0pp | 69.6%-9.3pp |
| Annual return | 0.00% | 12.49%-12.5pp | 119.21%-119.2pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,598 | $3,014-47.0% | $4,628-65.5% | $2,381-32.9% |
| Participant deferral / active EE | $2,960 | $5,240-43.5% | $6,426-53.9% | $3,470-14.7% |
| Admin fee / account holder | $127 | $5,519-97.7% | $9,284-98.6% | $4,887-97.4% |