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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 | $4,315 | $72,492-94.0% | $87,102-95.0% | $72,983-94.1% |
| Participation rate | 69.3% | 72.8%-3.5pp | 76.9%-7.5pp | 69.5%-0.2pp |
| Annual return | 0.00% | 24.46%-24.5pp | 28.19%-28.2pp | 81.01%-81.0pp |
| Employer contribution / active EE | $1,146 | $1,894-39.5% | $2,521-54.5% | $2,440-53.0% |
| Participant deferral / active EE | $1,980 | $3,270-39.5% | $4,048-51.1% | $3,608-45.1% |
| Admin fee / account holder | $80 | $5,055-98.4% | $7,491-98.9% | $5,124-98.4% |