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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 | $4,228 | $37,591-88.8% | $90,657-95.3% | $55,725-92.4% |
| Participation rate | 30.4% | 66.4%-35.9pp | 74.0%-43.6pp | 70.9%-40.4pp |
| Annual return | 0.00% | -3.20%+3.2pp | 1.89%-1.9pp | 244.93%-244.9pp |
| Employer contribution / active EE | $284 | $1,302-78.2% | $2,532-88.8% | $2,078-86.3% |
| Participant deferral / active EE | $1,163 | $2,643-56.0% | $3,424-66.0% | $3,356-65.3% |
| Admin fee / account holder | $4 | $100-96.2% | $4,994-99.9% | $115-96.7% |