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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 | $6,232 | $46,697-86.7% | $117,533-94.7% | $68,486-90.9% |
| Participation rate | 40.7% | 56.8%-16.0pp | 70.6%-29.9pp | 67.9%-27.2pp |
| Annual return | -7.15% | -14.52%+7.4pp | 29.77%-36.9pp | -7.85%+0.7pp |
| Employer contribution / active EE | $507 | $1,506-66.3% | $4,179-87.9% | $2,597-80.5% |
| Participant deferral / active EE | $934 | $2,637-64.6% | $4,072-77.1% | $4,028-76.8% |
| Admin fee / account holder | $22 | $4,023-99.5% | $5,647-99.6% | $5,404-99.6% |