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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 | $9,408 | $66,764-85.9% | $88,497-89.4% | $62,881-85.0% |
| Participation rate | 27.7% | 77.3%-49.6pp | 82.4%-54.7pp | 69.3%-41.6pp |
| Annual return | 0.00% | 10.37%-10.4pp | 7.63%-7.6pp | 20.14%-20.1pp |
| Employer contribution / active EE | $944 | $3,077-69.3% | $4,036-76.6% | $2,281-58.6% |
| Participant deferral / active EE | $1,841 | $3,976-53.7% | $4,899-62.4% | $3,203-42.5% |
| Admin fee / account holder | $0 | $4,668-100.0% | $6,220-100.0% | $4,296-100.0% |