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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 | $1,868 | $31,388-94.0% | $73,550-97.5% | $62,293-97.0% |
| Participation rate | 37.2% | 39.9%-2.7pp | 54.9%-17.8pp | 69.5%-32.3pp |
| Annual return | 0.00% | 25.34%-25.3pp | -15.16%+15.2pp | 28.90%-28.9pp |
| Employer contribution / active EE | $163 | $498-67.3% | $1,219-86.7% | $2,042-92.0% |
| Participant deferral / active EE | $533 | $1,028-48.2% | $1,804-70.5% | $3,169-83.2% |
| Admin fee / account holder | $0 | $299-100.0% | $2,320-100.0% | $479-100.0% |