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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 | $8,201 | $59,819-86.3% | $79,583-89.7% | $68,490-88.0% |
| Participation rate | 47.1% | 61.1%-14.0pp | 69.5%-22.4pp | 67.9%-20.8pp |
| Annual return | 0.00% | -12.30%+12.3pp | 0.16%-0.2pp | -7.85%+7.9pp |
| Employer contribution / active EE | $865 | $1,505-42.5% | $2,414-64.2% | $2,597-66.7% |
| Participant deferral / active EE | $3,039 | $3,025+0.5% | $3,986-23.8% | $4,028-24.5% |
| Admin fee / account holder | $0 | $4,835-100.0% | $6,835-100.0% | $5,403-100.0% |