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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 | $6,321 | $56,484-88.8% | $169,452-96.3% | $64,173-90.1% |
| Participation rate | 33.3% | 64.5%-31.2pp | 77.8%-44.4pp | 69.6%-36.2pp |
| Annual return | 0.00% | -1.55%+1.6pp | 1.83%-1.8pp | 7.63%-7.6pp |
| Employer contribution / active EE | $593 | $1,832-67.6% | $4,157-85.7% | $2,381-75.1% |
| Participant deferral / active EE | $1,166 | $3,448-66.2% | $5,277-77.9% | $3,470-66.4% |
| Admin fee / account holder | $139 | $4,174-96.7% | $9,110-98.5% | $4,887-97.2% |