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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 | $7,766 | $57,828-86.6% | $117,039-93.4% | $70,126-88.9% |
| Participation rate | 38.8% | 67.1%-28.3pp | 77.2%-38.4pp | 69.5%-30.8pp |
| Annual return | 0.00% | 17.55%-17.6pp | 18.95%-18.9pp | 73.15%-73.1pp |
| Employer contribution / active EE | $620 | $1,816-65.9% | $3,785-83.6% | $2,343-73.5% |
| Participant deferral / active EE | $1,844 | $2,438-24.4% | $3,929-53.1% | $3,332-44.7% |
| Admin fee / account holder | $2 | $3,548-99.9% | $5,974-100.0% | $4,645-99.9% |