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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 | $2,715 | $37,446-92.7% | $77,513-96.5% | $79,852-96.6% |
| Participation rate | 36.7% | 41.5%-4.9pp | 54.2%-17.5pp | 69.6%-33.0pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.81%-54.8pp | 31.72%-31.7pp |
| Employer contribution / active EE | $311 | $637-51.3% | $987-68.5% | $2,471-87.4% |
| Participant deferral / active EE | $545 | $1,261-56.8% | $1,861-70.7% | $3,740-85.4% |
| Admin fee / account holder | $4 | $2,506-99.8% | $2,859-99.9% | $5,306-99.9% |