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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 | $5,290 | $42,383-87.5% | $76,518-93.1% | $64,173-91.8% |
| Participation rate | 30.3% | 58.1%-27.8pp | 68.0%-37.7pp | 69.6%-39.3pp |
| Annual return | 0.00% | -16.54%+16.5pp | -0.27%+0.3pp | 7.63%-7.6pp |
| Employer contribution / active EE | $816 | $1,563-47.8% | $2,647-69.2% | $2,381-65.7% |
| Participant deferral / active EE | $919 | $2,566-64.2% | $3,836-76.0% | $3,470-73.5% |
| Admin fee / account holder | $76 | $3,198-97.6% | $4,849-98.4% | $4,887-98.4% |