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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 | $7,030 | $108,226-93.5% | $77,513-90.9% | $158,950-95.6% |
| Participation rate | 41.2% | 64.4%-23.2pp | 54.2%-13.0pp | 82.0%-40.8pp |
| Annual return | 0.00% | 31.67%-31.7pp | 54.81%-54.8pp | 302.91%-302.9pp |
| Employer contribution / active EE | $694 | $1,325-47.7% | $987-29.7% | $4,762-85.4% |
| Participant deferral / active EE | $2,141 | $2,456-12.8% | $1,861+15.1% | $5,983-64.2% |
| Admin fee / account holder | $19 | $3,710-99.5% | $2,859-99.3% | $11,248-99.8% |