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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 | $7,145 | $64,719-89.0% | $112,249-93.6% | $68,486-89.6% |
| Participation rate | 59.6% | 67.2%-7.5pp | 75.1%-15.4pp | 67.9%-8.2pp |
| Annual return | 0.00% | -11.40%+11.4pp | 27.48%-27.5pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,541 | $2,747-43.9% | $3,636-57.6% | $2,597-40.7% |
| Participant deferral / active EE | $3,372 | $3,565-5.4% | $4,729-28.7% | $4,028-16.3% |
| Admin fee / account holder | $61 | $5,232-98.8% | $6,412-99.0% | $5,404-98.9% |