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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 | $18,610 | $72,404-74.3% | $110,243-83.1% | $64,173-71.0% |
| Participation rate | 55.8% | 73.3%-17.6pp | 79.8%-24.1pp | 69.6%-13.8pp |
| Annual return | -6.25% | -6.29%0pp | 314.76%-321.0pp | 7.63%-13.9pp |
| Employer contribution / active EE | $618 | $2,282-72.9% | $3,827-83.8% | $2,381-74.0% |
| Participant deferral / active EE | $3,860 | $3,469+11.3% | $4,672-17.4% | $3,470+11.3% |
| Admin fee / account holder | $67 | $5,664-98.8% | $8,548-99.2% | $4,887-98.6% |