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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 | $3,180 | $52,580-94.0% | $71,671-95.6% | $70,126-95.5% |
| Participation rate | 44.7% | 60.9%-16.2pp | 68.7%-24.1pp | 69.5%-24.9pp |
| Annual return | 0.00% | 20.25%-20.3pp | 20.65%-20.6pp | 73.15%-73.1pp |
| Employer contribution / active EE | $296 | $1,616-81.7% | $2,460-88.0% | $2,343-87.4% |
| Participant deferral / active EE | $1,352 | $2,386-43.3% | $3,438-60.7% | $3,332-59.4% |
| Admin fee / account holder | $0 | $3,653-100.0% | $5,558-100.0% | $4,645-100.0% |