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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 | $6,022 | $52,678-88.6% | $75,784-92.1% | $59,633-89.9% |
| Participation rate | 64.1% | 67.2%-3.1pp | 75.8%-11.7pp | 68.7%-4.6pp |
| Annual return | 0.00% | 2.95%-3.0pp | 9.68%-9.7pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $1,686 | $2,193-23.1% | $3,323-49.3% | $2,203-23.4% |
| Participant deferral / active EE | $2,716 | $2,591+4.8% | $3,652-25.6% | $3,192-14.9% |
| Admin fee / account holder | $46 | $3,610-98.7% | $5,300-99.1% | $4,297-98.9% |