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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 | $9,317 | $61,660-84.9% | $80,022-88.4% | $64,173-85.5% |
| Participation rate | 65.0% | 71.7%-6.7pp | 75.8%-10.8pp | 69.6%-4.6pp |
| Annual return | 0.00% | -0.33%+0.3pp | 11.22%-11.2pp | 7.63%-7.6pp |
| Employer contribution / active EE | $801 | $1,810-55.8% | $2,468-67.5% | $2,381-66.4% |
| Participant deferral / active EE | $1,603 | $2,968-46.0% | $3,686-56.5% | $3,470-53.8% |
| Admin fee / account holder | $39 | $5,417-99.3% | $6,521-99.4% | $4,887-99.2% |