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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 | $4,528 | $56,484-92.0% | $169,452-97.3% | $64,173-92.9% |
| Participation rate | 57.1% | 64.5%-7.4pp | 77.8%-20.6pp | 69.6%-12.4pp |
| Annual return | 0.00% | -1.55%+1.6pp | 1.83%-1.8pp | 7.63%-7.6pp |
| Employer contribution / active EE | $685 | $1,832-62.6% | $4,157-83.5% | $2,381-71.2% |
| Participant deferral / active EE | $1,828 | $3,448-47.0% | $5,277-65.4% | $3,470-47.3% |
| Admin fee / account holder | $71 | $4,174-98.3% | $9,110-99.2% | $4,887-98.5% |