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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 | $7,224 | $45,872-84.3% | $77,096-90.6% | $68,486-89.5% |
| Participation rate | 58.1% | 55.9%+2.2pp | 67.9%-9.8pp | 67.9%-9.8pp |
| Annual return | 0.00% | 1.73%-1.7pp | 42.35%-42.3pp | -7.85%+7.9pp |
| Employer contribution / active EE | $915 | $1,650-44.6% | $2,814-67.5% | $2,597-64.8% |
| Participant deferral / active EE | $1,621 | $2,963-45.3% | $4,429-63.4% | $4,028-59.8% |
| Admin fee / account holder | $107 | $3,041-96.5% | $5,428-98.0% | $5,404-98.0% |