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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 | $15,916 | $52,678-69.8% | $75,784-79.0% | $59,633-73.3% |
| Participation rate | 56.1% | 67.2%-11.1pp | 75.8%-19.7pp | 68.7%-12.6pp |
| Annual return | -0.23% | 2.95%-3.2pp | 9.68%-9.9pp | 2041.45%-2041.7pp |
| Employer contribution / active EE | $1,709 | $2,193-22.1% | $3,323-48.6% | $2,203-22.4% |
| Participant deferral / active EE | $2,800 | $2,591+8.1% | $3,652-23.3% | $3,192-12.3% |
| Admin fee / account holder | $0 | $3,610-100.0% | $5,300-100.0% | $4,297-100.0% |