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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 | $5,903 | $104,709-94.4% | $85,705-93.1% | $167,553-96.5% |
| Participation rate | 54.5% | 76.4%-21.8pp | 69.9%-15.3pp | 82.1%-27.6pp |
| Annual return | 0.00% | 21.45%-21.4pp | 21.49%-21.5pp | 478.89%-478.9pp |
| Employer contribution / active EE | $1,351 | $3,338-59.5% | $2,619-48.4% | $4,840-72.1% |
| Participant deferral / active EE | $2,333 | $4,827-51.7% | $3,924-40.5% | $6,343-63.2% |
| Admin fee / account holder | $20 | $10,036-99.8% | $6,877-99.7% | $12,316-99.8% |