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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 | $3,272 | $88,707-96.3% | $74,184-95.6% | $273,972-98.8% |
| Participation rate | 61.9% | 79.4%-17.5pp | 76.6%-14.7pp | 83.0%-21.1pp |
| Annual return | 0.00% | 11.94%-11.9pp | 17.74%-17.7pp | 41.46%-41.5pp |
| Employer contribution / active EE | $721 | $3,159-77.2% | $2,370-69.6% | $4,869-85.2% |
| Participant deferral / active EE | $1,244 | $4,212-70.5% | $3,550-64.9% | $5,287-76.5% |
| Admin fee / account holder | $9 | $8,717-99.9% | $5,586-99.8% | $10,133-99.9% |