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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 | $4,856 | $48,050-89.9% | $85,969-94.4% | $59,633-91.9% |
| Participation rate | 56.9% | 64.5%-7.5pp | 76.5%-19.6pp | 68.7%-11.7pp |
| Annual return | 0.00% | 0.29%-0.3pp | 9.32%-9.3pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $1,379 | $1,640-15.9% | $3,474-60.3% | $2,203-37.4% |
| Participant deferral / active EE | $1,752 | $2,249-22.1% | $3,829-54.3% | $3,192-45.1% |
| Admin fee / account holder | $93 | $3,206-97.1% | $6,053-98.5% | $4,297-97.8% |