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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 | $3,448 | $47,848-92.8% | $81,473-95.8% | $70,124-95.1% |
| Participation rate | 29.6% | 58.3%-28.6pp | 68.0%-38.3pp | 69.5%-39.9pp |
| Annual return | 0.00% | 27.25%-27.2pp | 38.78%-38.8pp | 73.14%-73.1pp |
| Employer contribution / active EE | $219 | $1,527-85.7% | $2,568-91.5% | $2,342-90.7% |
| Participant deferral / active EE | $895 | $2,453-63.5% | $3,537-74.7% | $3,332-73.2% |
| Admin fee / account holder | $55 | $3,145-98.3% | $4,561-98.8% | $4,645-98.8% |