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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 | $18,352 | $82,882-77.9% | $127,803-85.6% | $72,983-74.9% |
| Participation rate | 60.6% | 71.5%-10.9pp | 79.0%-18.4pp | 69.5%-8.9pp |
| Annual return | 0.00% | 32.20%-32.2pp | 26.14%-26.1pp | 81.01%-81.0pp |
| Employer contribution / active EE | $2,929 | $3,346-12.5% | $4,576-36.0% | $2,440+20.0% |
| Participant deferral / active EE | $4,858 | $4,791+1.4% | $6,023-19.3% | $3,608+34.7% |
| Admin fee / account holder | $287 | $6,487-95.6% | $9,399-96.9% | $5,124-94.4% |