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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 | $14,375 | $56,484-74.6% | $169,452-91.5% | $64,173-77.6% |
| Participation rate | 44.7% | 64.5%-19.8pp | 77.8%-33.0pp | 69.6%-24.8pp |
| Annual return | 0.00% | -1.55%+1.6pp | 1.83%-1.8pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,163 | $1,832-36.5% | $4,157-72.0% | $2,381-51.2% |
| Participant deferral / active EE | $1,992 | $3,448-42.2% | $5,277-62.2% | $3,470-42.6% |
| Admin fee / account holder | $67 | $4,174-98.4% | $9,110-99.3% | $4,887-98.6% |