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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 | $9,176 | $85,790-89.3% | $67,313-86.4% | $135,379-93.2% |
| Participation rate | 50.0% | 76.5%-26.5pp | 69.1%-19.1pp | 82.6%-32.6pp |
| Annual return | 0.00% | -0.54%+0.5pp | -4.08%+4.1pp | 519.79%-519.8pp |
| Employer contribution / active EE | $766 | $3,487-78.0% | $2,566-70.1% | $4,779-84.0% |
| Participant deferral / active EE | $3,645 | $4,651-21.6% | $3,568+2.2% | $5,609-35.0% |
| Admin fee / account holder | $16 | $6,392-99.7% | $4,507-99.6% | $10,828-99.9% |