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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 | $5,343 | $54,541-90.2% | $78,778-93.2% | $70,126-92.4% |
| Participation rate | 46.0% | 60.8%-14.8pp | 69.2%-23.2pp | 69.5%-23.5pp |
| Annual return | 0.00% | 21.07%-21.1pp | 35.62%-35.6pp | 73.15%-73.1pp |
| Employer contribution / active EE | $344 | $1,089-68.4% | $1,986-82.7% | $2,343-85.3% |
| Participant deferral / active EE | $1,400 | $2,210-36.7% | $2,958-52.7% | $3,332-58.0% |
| Admin fee / account holder | $0 | $3,709-100.0% | $5,134-100.0% | $4,645-100.0% |