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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 | $4,807 | $69,977-93.1% | $108,582-95.6% | $62,881-92.4% |
| Participation rate | 56.3% | 72.9%-16.6pp | 79.6%-23.3pp | 69.3%-13.1pp |
| Annual return | 0.00% | 10.73%-10.7pp | -51.70%+51.7pp | 20.14%-20.1pp |
| Employer contribution / active EE | $745 | $2,135-65.1% | $3,758-80.2% | $2,281-67.3% |
| Participant deferral / active EE | $2,056 | $3,165-35.0% | $4,311-52.3% | $3,203-35.8% |
| Admin fee / account holder | $0 | $5,076-100.0% | $7,645-100.0% | $4,296-100.0% |