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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 | $5,327 | $48,235-89.0% | $68,803-92.3% | $68,490-92.2% |
| Participation rate | 42.9% | 60.7%-17.8pp | 69.0%-26.2pp | 67.9%-25.0pp |
| Annual return | 0.00% | -12.70%+12.7pp | -6.37%+6.4pp | -7.85%+7.9pp |
| Employer contribution / active EE | $801 | $1,829-56.2% | $2,656-69.8% | $2,597-69.2% |
| Participant deferral / active EE | $2,104 | $2,867-26.6% | $3,942-46.6% | $4,028-47.8% |
| Admin fee / account holder | $202 | $4,361-95.4% | $4,936-95.9% | $5,403-96.3% |