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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 | $9,062 | $64,909-86.0% | $82,312-89.0% | $62,293-85.5% |
| Participation rate | 45.0% | 74.9%-29.9pp | 76.9%-31.9pp | 69.5%-24.6pp |
| Annual return | 0.00% | 21.18%-21.2pp | 25.88%-25.9pp | 28.90%-28.9pp |
| Employer contribution / active EE | $1,125 | $1,676-32.9% | $2,428-53.7% | $2,042-44.9% |
| Participant deferral / active EE | $1,542 | $3,103-50.3% | $3,706-58.4% | $3,169-51.4% |
| Admin fee / account holder | $289 | $440-34.2% | $5,608-94.8% | $479-39.7% |