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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 | $7,606 | $92,219-91.8% | $76,768-90.1% | $135,379-94.4% |
| Participation rate | 62.5% | 79.8%-17.3pp | 77.0%-14.5pp | 82.6%-20.1pp |
| Annual return | 0.00% | 5.46%-5.5pp | 2.43%-2.4pp | 519.79%-519.8pp |
| Employer contribution / active EE | $1,576 | $3,216-51.0% | $2,485-36.6% | $4,779-67.0% |
| Participant deferral / active EE | $3,297 | $4,508-26.9% | $3,852-14.4% | $5,609-41.2% |
| Admin fee / account holder | $38 | $10,749-99.6% | $6,675-99.4% | $10,828-99.7% |