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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 | $6,743 | $56,339-88.0% | $104,301-93.5% | $68,495-90.2% |
| Participation rate | 36.2% | 63.3%-27.1pp | 73.3%-37.1pp | 67.9%-31.7pp |
| Annual return | 0.00% | -9.19%+9.2pp | 24.61%-24.6pp | -7.84%+7.8pp |
| Employer contribution / active EE | $738 | $1,960-62.4% | $3,373-78.1% | $2,596-71.6% |
| Participant deferral / active EE | $1,707 | $3,077-44.5% | $4,626-63.1% | $4,028-57.6% |
| Admin fee / account holder | $6 | $4,902-99.9% | $7,340-99.9% | $5,403-99.9% |