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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 | $6,265 | $58,493-89.3% | $84,023-92.5% | $72,976-91.4% |
| Participation rate | 31.7% | 61.2%-29.5pp | 69.0%-37.3pp | 69.5%-37.8pp |
| Annual return | 0.00% | 28.93%-28.9pp | 71.32%-71.3pp | 81.02%-81.0pp |
| Employer contribution / active EE | $348 | $1,163-70.1% | $1,984-82.5% | $2,440-85.7% |
| Participant deferral / active EE | $1,694 | $2,394-29.2% | $3,239-47.7% | $3,608-53.0% |
| Admin fee / account holder | $212 | $4,569-95.4% | $6,102-96.5% | $5,124-95.9% |