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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 | $5,979 | $62,583-90.4% | $76,767-92.2% | $64,173-90.7% |
| Participation rate | 48.5% | 72.8%-24.3pp | 77.0%-28.5pp | 69.6%-21.1pp |
| Annual return | 0.00% | -1.95%+1.9pp | 2.43%-2.4pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,492 | $1,832-18.6% | $2,485-40.0% | $2,381-37.3% |
| Participant deferral / active EE | $1,883 | $3,145-40.1% | $3,852-51.1% | $3,470-45.7% |
| Admin fee / account holder | $48 | $4,667-99.0% | $6,675-99.3% | $4,887-99.0% |