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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 | $17,204 | $61,660-72.1% | $80,022-78.5% | $64,181-73.2% |
| Participation rate | 59.1% | 71.7%-12.6pp | 75.8%-16.7pp | 69.6%-10.5pp |
| Annual return | 0.00% | -0.33%+0.3pp | 11.22%-11.2pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,445 | $1,810-20.2% | $2,468-41.5% | $2,381-39.3% |
| Participant deferral / active EE | $4,611 | $2,968+55.4% | $3,686+25.1% | $3,470+32.9% |
| Admin fee / account holder | $4 | $5,417-99.9% | $6,521-99.9% | $4,887-99.9% |