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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 | $9,484 | $70,486-86.5% | $100,535-90.6% | $79,856-88.1% |
| Participation rate | 59.2% | 73.6%-14.5pp | 79.4%-20.2pp | 69.6%-10.5pp |
| Annual return | 0.00% | 21.90%-21.9pp | 30.90%-30.9pp | 31.71%-31.7pp |
| Employer contribution / active EE | $436 | $2,165-79.9% | $3,419-87.3% | $2,471-82.4% |
| Participant deferral / active EE | $5,045 | $5,182-2.6% | $6,271-19.6% | $3,741+34.9% |
| Admin fee / account holder | $286 | $4,480-93.6% | $8,085-96.5% | $5,306-94.6% |