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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 | $7,237 | $53,596-86.5% | $90,657-92.0% | $64,173-88.7% |
| Participation rate | 32.8% | 64.5%-31.7pp | 74.0%-41.2pp | 69.6%-36.8pp |
| Annual return | 0.00% | 4.41%-4.4pp | 1.89%-1.9pp | 7.63%-7.6pp |
| Employer contribution / active EE | $469 | $1,503-68.8% | $2,532-81.5% | $2,381-80.3% |
| Participant deferral / active EE | $1,227 | $2,459-50.1% | $3,424-64.2% | $3,470-64.6% |
| Admin fee / account holder | $74 | $3,868-98.1% | $4,994-98.5% | $4,887-98.5% |