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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 | $6,074 | $73,863-91.8% | $143,797-95.8% | $68,490-91.1% |
| Participation rate | 44.0% | 66.7%-22.7pp | 80.3%-36.3pp | 67.9%-23.9pp |
| Annual return | -19.18% | 0.91%-20.1pp | -0.04%-19.1pp | -7.85%-11.3pp |
| Employer contribution / active EE | $550 | $3,185-82.7% | $4,952-88.9% | $2,597-78.8% |
| Participant deferral / active EE | $1,092 | $3,385-67.7% | $5,638-80.6% | $4,028-72.9% |
| Admin fee / account holder | $241 | $5,756-95.8% | $14,679-98.4% | $5,403-95.5% |