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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 | $14,107 | $65,027-78.3% | $90,970-84.5% | $79,852-82.3% |
| Participation rate | 17.1% | 61.6%-44.5pp | 69.0%-51.9pp | 69.6%-52.5pp |
| Annual return | 0.00% | 30.45%-30.5pp | 134.58%-134.6pp | 31.72%-31.7pp |
| Employer contribution / active EE | $659 | $1,247-47.2% | $2,122-69.0% | $2,471-73.3% |
| Participant deferral / active EE | $2,196 | $2,512-12.6% | $3,373-34.9% | $3,740-41.3% |
| Admin fee / account holder | $72 | $4,535-98.4% | $5,960-98.8% | $5,306-98.7% |