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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 | $7,832 | $81,870-90.4% | $119,634-93.5% | $68,490-88.6% |
| Participation rate | 38.2% | 71.9%-33.7pp | 79.3%-41.0pp | 67.9%-29.7pp |
| Annual return | -8.10% | -23.82%+15.7pp | -14.98%+6.9pp | -7.85%-0.2pp |
| Employer contribution / active EE | $808 | $2,692-70.0% | $4,232-80.9% | $2,597-68.9% |
| Participant deferral / active EE | $1,922 | $4,148-53.7% | $5,601-65.7% | $4,028-52.3% |
| Admin fee / account holder | $60 | $6,583-99.1% | $10,329-99.4% | $5,403-98.9% |