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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 | $5,979 | $63,764-90.6% | $81,926-92.7% | $79,858-92.5% |
| Participation rate | 58.6% | 67.5%-8.9pp | 72.0%-13.4pp | 69.6%-11.0pp |
| Annual return | 0.00% | 22.66%-22.7pp | 29.49%-29.5pp | 31.72%-31.7pp |
| Employer contribution / active EE | $933 | $1,795-48.0% | $4,310-78.3% | $2,471-62.2% |
| Participant deferral / active EE | $1,955 | $2,780-29.7% | $7,108-72.5% | $3,740-47.7% |
| Admin fee / account holder | $0 | $4,426-100.0% | $5,159-100.0% | $5,306-100.0% |