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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 | $1,640 | $32,037-94.9% | $69,182-97.6% | $62,881-97.4% |
| Participation rate | 54.8% | 43.4%+11.4pp | 55.1%-0.3pp | 69.3%-14.5pp |
| Annual return | 0.00% | 15.16%-15.2pp | -21.93%+21.9pp | 20.14%-20.1pp |
| Employer contribution / active EE | $296 | $679-56.4% | $1,206-75.4% | $2,281-87.0% |
| Participant deferral / active EE | $650 | $1,185-45.1% | $1,897-65.7% | $3,203-79.7% |
| Admin fee / account holder | $10 | $2,608-99.6% | $2,697-99.6% | $4,296-99.8% |