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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 | $8,663 | $57,352-84.9% | $83,831-89.7% | $64,173-86.5% |
| Participation rate | 50.0% | 68.6%-18.6pp | 76.1%-26.1pp | 69.6%-19.6pp |
| Annual return | 0.00% | 11.38%-11.4pp | 850.99%-851.0pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,350 | $2,546-47.0% | $3,631-62.8% | $2,381-43.3% |
| Participant deferral / active EE | $2,305 | $2,993-23.0% | $4,082-43.5% | $3,470-33.6% |
| Admin fee / account holder | $38 | $4,046-99.1% | $5,479-99.3% | $4,887-99.2% |