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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 | $13,671 | $62,586-78.2% | $76,766-82.2% | $64,181-78.7% |
| Participation rate | 41.4% | 72.8%-31.4pp | 77.0%-35.6pp | 69.6%-28.2pp |
| Annual return | 0.00% | -1.95%+1.9pp | 2.43%-2.4pp | 7.63%-7.6pp |
| Employer contribution / active EE | $927 | $1,832-49.4% | $2,485-62.7% | $2,381-61.1% |
| Participant deferral / active EE | $3,043 | $3,145-3.2% | $3,851-21.0% | $3,470-12.3% |
| Admin fee / account holder | $101 | $4,667-97.8% | $6,675-98.5% | $4,887-97.9% |