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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 | $1,976 | $32,037-93.8% | $69,182-97.1% | $62,881-96.9% |
| Participation rate | 43.8% | 43.4%+0.3pp | 55.1%-11.4pp | 69.3%-25.6pp |
| Annual return | 0.00% | 15.16%-15.2pp | -21.93%+21.9pp | 20.14%-20.1pp |
| Employer contribution / active EE | $249 | $679-63.4% | $1,206-79.4% | $2,281-89.1% |
| Participant deferral / active EE | $496 | $1,185-58.2% | $1,897-73.9% | $3,203-84.5% |
| Admin fee / account holder | $0 | $2,608-100.0% | $2,697-100.0% | $4,296-100.0% |