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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 | $8,091 | $62,583-87.1% | $76,767-89.5% | $64,173-87.4% |
| Participation rate | 58.7% | 72.8%-14.1pp | 77.0%-18.3pp | 69.6%-10.9pp |
| Annual return | 0.00% | -1.95%+1.9pp | 2.43%-2.4pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,471 | $1,832-19.7% | $2,485-40.8% | $2,381-38.2% |
| Participant deferral / active EE | $3,595 | $3,145+14.3% | $3,852-6.7% | $3,470+3.6% |
| Admin fee / account holder | $102 | $4,667-97.8% | $6,675-98.5% | $4,887-97.9% |