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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 | $11,170 | $85,790-87.0% | $67,313-83.4% | $135,382-91.7% |
| Participation rate | 28.6% | 76.5%-47.9pp | 69.1%-40.5pp | 82.6%-54.1pp |
| Annual return | 0.00% | -0.54%+0.5pp | -4.08%+4.1pp | 519.77%-519.8pp |
| Employer contribution / active EE | $1,165 | $3,487-66.6% | $2,566-54.6% | $4,779-75.6% |
| Participant deferral / active EE | $2,273 | $4,651-51.1% | $3,568-36.3% | $5,609-59.5% |
| Admin fee / account holder | $23 | $6,392-99.6% | $4,507-99.5% | $10,829-99.8% |