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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 | $7,362 | $49,177-85.0% | $79,466-90.7% | $64,173-88.5% |
| Participation rate | 67.9% | 65.0%+2.8pp | 73.3%-5.5pp | 69.6%-1.7pp |
| Annual return | 0.00% | -1.16%+1.2pp | 718.28%-718.3pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,079 | $2,076-48.0% | $2,800-61.5% | $2,381-54.7% |
| Participant deferral / active EE | $2,176 | $2,821-22.9% | $3,704-41.2% | $3,470-37.3% |
| Admin fee / account holder | $0 | $3,839-100.0% | $5,104-100.0% | $4,887-100.0% |