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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 | $974 | $32,037-97.0% | $69,182-98.6% | $62,881-98.5% |
| Participation rate | 30.3% | 43.4%-13.1pp | 55.1%-24.8pp | 69.3%-39.0pp |
| Annual return | 0.00% | 15.16%-15.2pp | -21.93%+21.9pp | 20.14%-20.1pp |
| Employer contribution / active EE | $89 | $679-86.9% | $1,206-92.6% | $2,281-96.1% |
| Participant deferral / active EE | $356 | $1,185-69.9% | $1,897-81.2% | $3,203-88.9% |
| Admin fee / account holder | $122 | $2,608-95.3% | $2,697-95.5% | $4,296-97.2% |