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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 | $7,626 | $52,279-85.4% | $89,414-91.5% | $79,852-90.4% |
| Participation rate | 44.0% | 57.5%-13.5pp | 68.0%-24.0pp | 69.6%-25.6pp |
| Annual return | 0.00% | 22.16%-22.2pp | 245.50%-245.5pp | 31.72%-31.7pp |
| Employer contribution / active EE | $586 | $1,572-62.7% | $2,586-77.4% | $2,471-76.3% |
| Participant deferral / active EE | $2,598 | $2,740-5.2% | $3,890-33.2% | $3,740-30.5% |
| Admin fee / account holder | $15 | $3,356-99.6% | $4,883-99.7% | $5,306-99.7% |