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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 | $4,429 | $73,009-93.9% | $90,760-95.1% | $68,486-93.5% |
| Participation rate | 62.2% | 70.8%-8.6pp | 75.7%-13.5pp | 67.9%-5.7pp |
| Annual return | 0.00% | -13.81%+13.8pp | -12.16%+12.2pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,184 | $2,193-46.0% | $2,922-59.5% | $2,597-54.4% |
| Participant deferral / active EE | $2,335 | $3,626-35.6% | $4,565-48.9% | $4,028-42.0% |
| Admin fee / account holder | $186 | $5,896-96.8% | $8,444-97.8% | $5,404-96.6% |