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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 | $7,474 | $70,435-89.4% | $96,575-92.3% | $85,856-91.3% |
| Participation rate | 58.3% | 61.8%-3.5pp | 69.8%-11.5pp | 69.3%-11.0pp |
| Annual return | 0.00% | 18.59%-18.6pp | 37.79%-37.8pp | 318.58%-318.6pp |
| Employer contribution / active EE | $389 | $1,413-72.5% | $2,357-83.5% | $2,565-84.9% |
| Participant deferral / active EE | $1,513 | $2,894-47.7% | $3,849-60.7% | $3,952-61.7% |
| Admin fee / account holder | $5 | $4,997-99.9% | $6,182-99.9% | $6,261-99.9% |