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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 | $8,569 | $57,350-85.1% | $83,850-89.8% | $64,181-86.6% |
| Participation rate | 24.3% | 68.6%-44.3pp | 76.1%-51.8pp | 69.6%-45.2pp |
| Annual return | 0.00% | 11.38%-11.4pp | 850.92%-850.9pp | 7.63%-7.6pp |
| Employer contribution / active EE | $699 | $2,545-72.5% | $3,631-80.8% | $2,381-70.7% |
| Participant deferral / active EE | $1,437 | $2,993-52.0% | $4,082-64.8% | $3,470-58.6% |
| Admin fee / account holder | $98 | $4,046-97.6% | $5,478-98.2% | $4,887-98.0% |