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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 | $9,104 | $85,790-89.4% | $67,313-86.5% | $135,380-93.3% |
| Participation rate | 41.7% | 76.5%-34.8pp | 69.1%-27.4pp | 82.6%-41.0pp |
| Annual return | 0.00% | -0.54%+0.5pp | -4.08%+4.1pp | 519.81%-519.8pp |
| Employer contribution / active EE | $642 | $3,487-81.6% | $2,566-75.0% | $4,779-86.6% |
| Participant deferral / active EE | $3,491 | $4,651-24.9% | $3,568-2.2% | $5,609-37.8% |
| Admin fee / account holder | $8 | $6,392-99.9% | $4,507-99.8% | $10,828-99.9% |