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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 | $7,692 | $52,678-85.4% | $75,784-89.9% | $59,633-87.1% |
| Participation rate | 53.8% | 67.2%-13.4pp | 75.8%-22.0pp | 68.7%-14.8pp |
| Annual return | 0.00% | 2.95%-3.0pp | 9.68%-9.7pp | 2041.40%-2041.4pp |
| Employer contribution / active EE | $1,991 | $2,193-9.2% | $3,323-40.1% | $2,203-9.6% |
| Participant deferral / active EE | $2,244 | $2,591-13.4% | $3,652-38.5% | $3,192-29.7% |
| Admin fee / account holder | $0 | $3,610-100.0% | $5,300-100.0% | $4,297-100.0% |