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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 | $6,618 | $32,037-79.3% | $69,182-90.4% | $62,881-89.5% |
| Participation rate | 32.0% | 43.4%-11.4pp | 55.1%-23.1pp | 69.3%-37.3pp |
| Annual return | 0.00% | 15.16%-15.2pp | -21.93%+21.9pp | 20.14%-20.1pp |
| Employer contribution / active EE | $639 | $679-5.9% | $1,206-47.0% | $2,281-72.0% |
| Participant deferral / active EE | $1,645 | $1,185+38.7% | $1,897-13.3% | $3,203-48.7% |
| Admin fee / account holder | $82 | $2,608-96.9% | $2,697-97.0% | $4,296-98.1% |