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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 | $4,305 | $32,037-86.6% | $69,182-93.8% | $62,881-93.2% |
| Participation rate | 19.0% | 43.4%-24.4pp | 55.1%-36.1pp | 69.3%-50.3pp |
| Annual return | 0.00% | 15.16%-15.2pp | -21.93%+21.9pp | 20.14%-20.1pp |
| Employer contribution / active EE | $357 | $679-47.4% | $1,206-70.4% | $2,281-84.3% |
| Participant deferral / active EE | $454 | $1,185-61.7% | $1,897-76.0% | $3,203-85.8% |
| Admin fee / account holder | $0 | $2,608-100.0% | $2,697-100.0% | $4,296-100.0% |