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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 | $24,749 | $79,523-68.9% | $140,019-82.3% | $56,287-56.0% |
| Participation rate | 61.2% | 85.7%-24.5pp | 87.5%-26.3pp | 69.9%-8.7pp |
| Annual return | 0.00% | 2.39%-2.4pp | 651.15%-651.2pp | -9.96%+10.0pp |
| Employer contribution / active EE | $2,893 | $3,350-13.6% | $5,605-48.4% | $2,111+37.0% |
| Participant deferral / active EE | $5,284 | $5,129+3.0% | $6,927-23.7% | $3,350+57.7% |
| Admin fee / account holder | $9 | $614-98.6% | $10,705-99.9% | $521-98.3% |