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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 | $8,046 | $81,840-90.2% | $63,412-87.3% | $125,389-93.6% |
| Participation rate | 50.0% | 73.0%-23.0pp | 67.1%-17.1pp | 83.2%-33.2pp |
| Annual return | -1.18% | -0.10%-1.1pp | 4.04%-5.2pp | 282.24%-283.4pp |
| Employer contribution / active EE | $450 | $2,377-81.1% | $1,814-75.2% | $4,866-90.7% |
| Participant deferral / active EE | $722 | $3,064-76.4% | $2,496-71.1% | $5,352-86.5% |
| Admin fee / account holder | $16 | $4,951-99.7% | $3,753-99.6% | $9,541-99.8% |