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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 | $10,616 | $56,339-81.2% | $104,299-89.8% | $68,490-84.5% |
| Participation rate | 40.6% | 63.3%-22.6pp | 73.3%-32.6pp | 67.9%-27.3pp |
| Annual return | 0.00% | -9.19%+9.2pp | 24.62%-24.6pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,721 | $1,960-12.2% | $3,373-49.0% | $2,597-33.7% |
| Participant deferral / active EE | $3,070 | $3,077-0.2% | $4,626-33.6% | $4,028-23.8% |
| Admin fee / account holder | $32 | $4,902-99.4% | $7,339-99.6% | $5,403-99.4% |