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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 | $2,241 | $45,872-95.1% | $77,096-97.1% | $68,486-96.7% |
| Participation rate | 66.7% | 55.9%+10.7pp | 67.9%-1.3pp | 67.9%-1.2pp |
| Annual return | 0.00% | 1.73%-1.7pp | 42.35%-42.3pp | -7.85%+7.9pp |
| Employer contribution / active EE | $640 | $1,650-61.2% | $2,814-77.3% | $2,597-75.3% |
| Participant deferral / active EE | $1,091 | $2,963-63.2% | $4,429-75.4% | $4,028-72.9% |
| Admin fee / account holder | $147 | $3,041-95.2% | $5,428-97.3% | $5,404-97.3% |