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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 | $5,562 | $45,566-87.8% | $64,105-91.3% | $59,633-90.7% |
| Participation rate | 43.9% | 60.2%-16.3pp | 68.2%-24.3pp | 68.7%-24.8pp |
| Annual return | 2.94% | 4.95%-2.0pp | 791.24%-788.3pp | 2041.45%-2038.5pp |
| Employer contribution / active EE | $393 | $934-58.0% | $1,820-78.4% | $2,203-82.2% |
| Participant deferral / active EE | $1,394 | $2,057-32.2% | $2,822-50.6% | $3,192-56.3% |
| Admin fee / account holder | $43 | $3,268-98.7% | $4,499-99.0% | $4,297-99.0% |