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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 | $15,405 | $56,544-72.8% | $75,501-79.6% | $70,126-78.0% |
| Participation rate | 2.9% | 68.1%-65.3pp | 72.4%-69.5pp | 69.5%-66.7pp |
| Annual return | 0.00% | 23.59%-23.6pp | 27.35%-27.4pp | 73.15%-73.1pp |
| Employer contribution / active EE | $3,159 | $1,817+73.9% | $2,352+34.3% | $2,343+34.8% |
| Participant deferral / active EE | $6,019 | $2,580+133.3% | $3,142+91.5% | $3,332+80.7% |
| Admin fee / account holder | $298 | $3,827-92.2% | $5,801-94.9% | $4,645-93.6% |