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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 | $5,572 | $47,848-88.4% | $81,473-93.2% | $70,126-92.1% |
| Participation rate | 20.0% | 58.3%-38.3pp | 68.0%-48.0pp | 69.5%-49.5pp |
| Annual return | 0.00% | 27.25%-27.2pp | 38.78%-38.8pp | 73.15%-73.1pp |
| Employer contribution / active EE | $413 | $1,527-73.0% | $2,568-83.9% | $2,343-82.4% |
| Participant deferral / active EE | $809 | $2,453-67.0% | $3,537-77.1% | $3,332-75.7% |
| Admin fee / account holder | $134 | $3,145-95.7% | $4,561-97.1% | $4,645-97.1% |