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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 | $5,928 | $37,446-84.2% | $77,552-92.4% | $79,856-92.6% |
| Participation rate | 40.4% | 41.5%-1.1pp | 54.2%-13.8pp | 69.6%-29.2pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.82%-54.8pp | 31.71%-31.7pp |
| Employer contribution / active EE | $497 | $637-22.1% | $987-49.7% | $2,471-79.9% |
| Participant deferral / active EE | $1,506 | $1,261+19.4% | $1,861-19.1% | $3,741-59.7% |
| Admin fee / account holder | $2 | $2,506-99.9% | $2,859-99.9% | $5,306-100.0% |