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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 | $11,972 | $65,395-81.7% | $182,531-93.4% | $72,983-83.6% |
| Participation rate | 68.0% | 65.4%+2.6pp | 78.0%-10.0pp | 69.5%-1.5pp |
| Annual return | 0.00% | 27.68%-27.7pp | 148.57%-148.6pp | 81.01%-81.0pp |
| Employer contribution / active EE | $689 | $1,911-63.9% | $4,075-83.1% | $2,440-71.8% |
| Participant deferral / active EE | $1,346 | $3,563-62.2% | $5,525-75.6% | $3,608-62.7% |
| Admin fee / account holder | $135 | $4,245-96.8% | $8,593-98.4% | $5,124-97.4% |