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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 | $2,003 | $32,117-93.8% | $71,089-97.2% | $64,173-96.9% |
| Participation rate | 40.6% | 42.7%-2.1pp | 54.6%-14.0pp | 69.6%-28.9pp |
| Annual return | 8.80% | -5.57%+14.4pp | 650.65%-641.8pp | 7.63%+1.2pp |
| Employer contribution / active EE | $405 | $712-43.1% | $1,088-62.7% | $2,381-83.0% |
| Participant deferral / active EE | $529 | $1,263-58.1% | $1,873-71.7% | $3,470-84.7% |
| Admin fee / account holder | $179 | $2,759-93.5% | $3,082-94.2% | $4,887-96.3% |