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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 | $3,439 | $48,078-92.8% | $78,676-95.6% | $62,881-94.5% |
| Participation rate | 31.0% | 65.2%-34.2pp | 73.6%-42.5pp | 69.3%-38.3pp |
| Annual return | 0.00% | 31.36%-31.4pp | 62.19%-62.2pp | 20.14%-20.1pp |
| Employer contribution / active EE | $373 | $2,015-81.5% | $2,850-86.9% | $2,281-83.6% |
| Participant deferral / active EE | $866 | $2,587-66.5% | $3,517-75.4% | $3,203-73.0% |
| Admin fee / account holder | $34 | $3,206-98.9% | $4,510-99.2% | $4,296-99.2% |