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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 | $3,688 | $63,082-94.2% | $81,726-95.5% | $79,856-95.4% |
| Participation rate | 47.4% | 67.5%-20.2pp | 72.0%-24.6pp | 69.6%-22.3pp |
| Annual return | 0.00% | 22.66%-22.7pp | 29.49%-29.5pp | 31.71%-31.7pp |
| Employer contribution / active EE | $707 | $1,795-60.6% | $4,311-83.6% | $2,471-71.4% |
| Participant deferral / active EE | $1,041 | $2,780-62.6% | $7,108-85.4% | $3,741-72.2% |
| Admin fee / account holder | $6 | $4,428-99.9% | $5,160-99.9% | $5,306-99.9% |