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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 | $7,930 | $47,848-83.4% | $81,473-90.3% | $70,126-88.7% |
| Participation rate | 16.7% | 58.3%-41.6pp | 68.0%-51.3pp | 69.5%-52.9pp |
| Annual return | 0.00% | 27.25%-27.2pp | 38.78%-38.8pp | 73.15%-73.1pp |
| Employer contribution / active EE | $303 | $1,527-80.1% | $2,568-88.2% | $2,343-87.0% |
| Participant deferral / active EE | $956 | $2,453-61.0% | $3,537-73.0% | $3,332-71.3% |
| Admin fee / account holder | $0 | $3,145-100.0% | $4,561-100.0% | $4,645-100.0% |