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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 | $6,569 | $45,872-85.7% | $77,096-91.5% | $68,486-90.4% |
| Participation rate | 36.4% | 55.9%-19.6pp | 67.9%-31.6pp | 67.9%-31.5pp |
| Annual return | 0.00% | 1.73%-1.7pp | 42.35%-42.3pp | -7.85%+7.9pp |
| Employer contribution / active EE | $953 | $1,650-42.2% | $2,814-66.2% | $2,597-63.3% |
| Participant deferral / active EE | $1,725 | $2,963-41.8% | $4,429-61.0% | $4,028-57.2% |
| Admin fee / account holder | $40 | $3,041-98.7% | $5,428-99.3% | $5,404-99.3% |