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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 | $12,000 | $65,364-81.6% | $92,909-87.1% | $72,975-83.6% |
| Participation rate | 52.3% | 68.3%-16.0pp | 76.0%-23.7pp | 69.5%-17.2pp |
| Annual return | 0.00% | 42.11%-42.1pp | 109.44%-109.4pp | 81.01%-81.0pp |
| Employer contribution / active EE | $1,246 | $2,594-52.0% | $3,653-65.9% | $2,440-48.9% |
| Participant deferral / active EE | $2,753 | $3,128-12.0% | $4,238-35.0% | $3,608-23.7% |
| Admin fee / account holder | $80 | $4,251-98.1% | $5,795-98.6% | $5,124-98.4% |