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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 | $7,561 | $65,367-88.4% | $92,915-91.9% | $72,976-89.6% |
| Participation rate | 41.3% | 68.3%-27.0pp | 76.0%-34.7pp | 69.5%-28.2pp |
| Annual return | 0.00% | 42.11%-42.1pp | 109.45%-109.4pp | 81.02%-81.0pp |
| Employer contribution / active EE | $1,102 | $2,594-57.5% | $3,653-69.8% | $2,440-54.8% |
| Participant deferral / active EE | $2,509 | $3,128-19.8% | $4,238-40.8% | $3,608-30.5% |
| Admin fee / account holder | $179 | $4,251-95.8% | $5,796-96.9% | $5,124-96.5% |