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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 | $5,115 | $108,285-95.3% | $77,552-93.4% | $158,982-96.8% |
| Participation rate | 50.0% | 64.4%-14.4pp | 54.2%-4.2pp | 82.0%-32.0pp |
| Annual return | 0.00% | 31.69%-31.7pp | 54.82%-54.8pp | 302.99%-303.0pp |
| Employer contribution / active EE | $797 | $1,325-39.8% | $987-19.2% | $4,763-83.3% |
| Participant deferral / active EE | $2,023 | $2,455-17.6% | $1,861+8.7% | $5,983-66.2% |
| Admin fee / account holder | $255 | $3,709-93.1% | $2,859-91.1% | $11,252-97.7% |