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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 | $5,598 | $37,446-85.1% | $77,513-92.8% | $79,852-93.0% |
| Participation rate | 27.5% | 41.5%-14.1pp | 54.2%-26.7pp | 69.6%-42.2pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.81%-54.8pp | 31.72%-31.7pp |
| Employer contribution / active EE | $429 | $637-32.7% | $987-56.5% | $2,471-82.6% |
| Participant deferral / active EE | $982 | $1,261-22.1% | $1,861-47.3% | $3,740-73.8% |
| Admin fee / account holder | $10 | $2,506-99.6% | $2,859-99.6% | $5,306-99.8% |