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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 | $11,387 | $54,541-79.1% | $78,778-85.5% | $70,126-83.8% |
| Participation rate | 46.9% | 60.8%-13.9pp | 69.2%-22.3pp | 69.5%-22.6pp |
| Annual return | 0.00% | 21.07%-21.1pp | 35.62%-35.6pp | 73.15%-73.1pp |
| Employer contribution / active EE | $3,427 | $1,089+214.9% | $1,986+72.6% | $2,343+46.3% |
| Participant deferral / active EE | $1,759 | $2,210-20.4% | $2,958-40.6% | $3,332-47.2% |
| Admin fee / account holder | $53 | $3,709-98.6% | $5,134-99.0% | $4,645-98.9% |