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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 | $2,799 | $56,339-95.0% | $104,301-97.3% | $68,486-95.9% |
| Participation rate | 68.0% | 63.3%+4.7pp | 73.3%-5.3pp | 67.9%+0.1pp |
| Annual return | 0.00% | -9.19%+9.2pp | 24.61%-24.6pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,027 | $1,960-47.6% | $3,373-69.5% | $2,597-60.4% |
| Participant deferral / active EE | $1,263 | $3,077-58.9% | $4,626-72.7% | $4,028-68.6% |
| Admin fee / account holder | $4 | $4,902-99.9% | $7,340-100.0% | $5,404-99.9% |