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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 | $6,075 | $57,352-89.4% | $83,831-92.8% | $64,173-90.5% |
| Participation rate | 48.6% | 68.6%-20.0pp | 76.1%-27.6pp | 69.6%-21.0pp |
| Annual return | 0.00% | 11.38%-11.4pp | 850.99%-851.0pp | 7.63%-7.6pp |
| Employer contribution / active EE | $928 | $2,546-63.5% | $3,631-74.4% | $2,381-61.0% |
| Participant deferral / active EE | $2,272 | $2,993-24.1% | $4,082-44.3% | $3,470-34.5% |
| Admin fee / account holder | $202 | $4,046-95.0% | $5,479-96.3% | $4,887-95.9% |