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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 | $7,957 | $57,352-86.1% | $83,830-90.5% | $64,173-87.6% |
| Participation rate | 56.7% | 68.6%-11.9pp | 76.1%-19.5pp | 69.6%-12.9pp |
| Annual return | 0.00% | 11.38%-11.4pp | 850.97%-851.0pp | 7.63%-7.6pp |
| Employer contribution / active EE | $831 | $2,546-67.3% | $3,631-77.1% | $2,381-65.1% |
| Participant deferral / active EE | $1,763 | $2,993-41.1% | $4,082-56.8% | $3,470-49.2% |
| Admin fee / account holder | $113 | $4,046-97.2% | $5,479-97.9% | $4,887-97.7% |