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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 | $4,397 | $67,602-93.5% | $82,312-94.7% | $70,126-93.7% |
| Participation rate | 63.9% | 72.8%-8.9pp | 76.9%-13.0pp | 69.5%-5.7pp |
| Annual return | 0.00% | 21.57%-21.6pp | 25.88%-25.9pp | 73.15%-73.1pp |
| Employer contribution / active EE | $1,177 | $1,755-33.0% | $2,428-51.6% | $2,343-49.8% |
| Participant deferral / active EE | $1,602 | $2,987-46.4% | $3,706-56.8% | $3,332-51.9% |
| Admin fee / account holder | $70 | $4,512-98.4% | $5,608-98.8% | $4,645-98.5% |