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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 | $9,286 | $56,484-83.6% | $169,452-94.5% | $64,181-85.5% |
| Participation rate | 36.0% | 64.5%-28.5pp | 77.8%-41.8pp | 69.6%-33.6pp |
| Annual return | 0.00% | -1.55%+1.6pp | 1.83%-1.8pp | 7.63%-7.6pp |
| Employer contribution / active EE | $979 | $1,832-46.6% | $4,157-76.5% | $2,381-58.9% |
| Participant deferral / active EE | $2,745 | $3,448-20.4% | $5,277-48.0% | $3,470-20.9% |
| Admin fee / account holder | $93 | $4,174-97.8% | $9,110-99.0% | $4,887-98.1% |