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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 | $4,494 | $50,947-91.2% | $74,549-94.0% | $64,173-93.0% |
| Participation rate | 39.4% | 61.1%-21.7pp | 69.1%-29.8pp | 69.6%-30.2pp |
| Annual return | 0.00% | -1.85%+1.9pp | 32.53%-32.5pp | 7.63%-7.6pp |
| Employer contribution / active EE | $642 | $1,115-42.5% | $1,961-67.3% | $2,381-73.0% |
| Participant deferral / active EE | $1,446 | $2,302-37.2% | $3,108-53.5% | $3,470-58.3% |
| Admin fee / account holder | $0 | $4,221-100.0% | $5,059-100.0% | $4,887-100.0% |