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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 | $3,852 | $37,446-89.7% | $77,552-95.0% | $79,856-95.2% |
| Participation rate | 59.3% | 41.5%+17.7pp | 54.2%+5.1pp | 69.6%-10.4pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.82%-54.8pp | 31.71%-31.7pp |
| Employer contribution / active EE | $288 | $637-54.7% | $987-70.8% | $2,471-88.3% |
| Participant deferral / active EE | $2,102 | $1,261+66.7% | $1,861+12.9% | $3,741-43.8% |
| Admin fee / account holder | $51 | $2,506-98.0% | $2,859-98.2% | $5,306-99.0% |