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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 | $7,538 | $46,072-83.6% | $69,779-89.2% | $55,167-86.3% |
| Participation rate | 45.0% | 67.5%-22.5pp | 71.8%-26.8pp | 69.0%-24.0pp |
| Annual return | 0.00% | 8.68%-8.7pp | 12.99%-13.0pp | 169.23%-169.2pp |
| Employer contribution / active EE | $938 | $1,500-37.5% | $2,338-59.9% | $1,963-52.2% |
| Participant deferral / active EE | $1,262 | $2,344-46.1% | $2,931-56.9% | $3,054-58.7% |
| Admin fee / account holder | $57 | $428-86.8% | $4,381-98.7% | $504-88.8% |