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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 | $7,470 | $142,409-94.8% | $119,634-93.8% | $134,545-94.4% |
| Participation rate | 63.6% | 82.8%-19.2pp | 79.3%-15.6pp | 81.2%-17.6pp |
| Annual return | 0.00% | -12.46%+12.5pp | -14.98%+15.0pp | 418.37%-418.4pp |
| Employer contribution / active EE | $1,787 | $5,224-65.8% | $4,232-57.8% | $4,742-62.3% |
| Participant deferral / active EE | $3,689 | $6,468-43.0% | $5,601-34.1% | $6,401-42.4% |
| Admin fee / account holder | $144 | $13,594-98.9% | $10,329-98.6% | $11,431-98.7% |