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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 | $4,473 | $42,383-89.4% | $76,518-94.2% | $64,173-93.0% |
| Participation rate | 63.3% | 58.1%+5.2pp | 68.0%-4.7pp | 69.6%-6.2pp |
| Annual return | 0.00% | -16.54%+16.5pp | -0.27%+0.3pp | 7.63%-7.6pp |
| Employer contribution / active EE | $438 | $1,563-72.0% | $2,647-83.5% | $2,381-81.6% |
| Participant deferral / active EE | $2,053 | $2,566-20.0% | $3,836-46.5% | $3,470-40.8% |
| Admin fee / account holder | $92 | $3,198-97.1% | $4,849-98.1% | $4,887-98.1% |