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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 | $4,526 | $54,757-91.7% | $90,304-95.0% | $72,975-93.8% |
| Participation rate | 34.6% | 65.2%-30.5pp | 73.3%-38.7pp | 69.5%-34.9pp |
| Annual return | 0.00% | 30.63%-30.6pp | 78.13%-78.1pp | 81.01%-81.0pp |
| Employer contribution / active EE | $357 | $2,093-82.9% | $2,855-87.5% | $2,440-85.4% |
| Participant deferral / active EE | $1,105 | $2,887-61.7% | $3,885-71.6% | $3,608-69.4% |
| Admin fee / account holder | $27 | $3,973-99.3% | $5,354-99.5% | $5,124-99.5% |