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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 | $15,465 | $78,670-80.3% | $109,173-85.8% | $85,847-82.0% |
| Participation rate | 52.2% | 68.3%-16.1pp | 75.9%-23.7pp | 69.3%-17.1pp |
| Annual return | 0.00% | 25.09%-25.1pp | 25.75%-25.8pp | 318.61%-318.6pp |
| Employer contribution / active EE | $2,418 | $2,734-11.6% | $3,723-35.1% | $2,565-5.8% |
| Participant deferral / active EE | $5,740 | $3,467+65.5% | $4,654+23.3% | $3,952+45.2% |
| Admin fee / account holder | $280 | $5,469-94.9% | $6,755-95.9% | $6,261-95.5% |