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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 | $19,384 | $136,860-85.8% | $120,344-83.9% | $154,746-87.5% |
| Participation rate | 16.7% | 79.9%-63.2pp | 76.7%-60.0pp | 80.7%-64.0pp |
| Annual return | 0.00% | 21.38%-21.4pp | 20.30%-20.3pp | 172.34%-172.3pp |
| Employer contribution / active EE | $1,157 | $3,533-67.2% | $3,020-61.7% | $4,379-73.6% |
| Participant deferral / active EE | $2,017 | $5,793-65.2% | $5,135-60.7% | $6,730-70.0% |
| Admin fee / account holder | $0 | $15,393-100.0% | $12,742-100.0% | $14,365-100.0% |