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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 | $2,067 | $35,183-94.1% | $73,550-97.2% | $70,126-97.1% |
| Participation rate | 24.4% | 42.9%-18.5pp | 54.9%-30.5pp | 69.5%-45.2pp |
| Annual return | 0.00% | 26.90%-26.9pp | -15.16%+15.2pp | 73.15%-73.1pp |
| Employer contribution / active EE | $303 | $709-57.3% | $1,219-75.2% | $2,343-87.1% |
| Participant deferral / active EE | $377 | $1,220-69.1% | $1,804-79.1% | $3,332-88.7% |
| Admin fee / account holder | $87 | $2,302-96.2% | $2,320-96.3% | $4,645-98.1% |