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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 | $3,219 | $42,383-92.4% | $76,518-95.8% | $64,173-95.0% |
| Participation rate | 38.7% | 58.1%-19.4pp | 68.0%-29.3pp | 69.6%-30.9pp |
| Annual return | 0.00% | -16.54%+16.5pp | -0.27%+0.3pp | 7.63%-7.6pp |
| Employer contribution / active EE | $628 | $1,563-59.8% | $2,647-76.3% | $2,381-73.6% |
| Participant deferral / active EE | $818 | $2,566-68.1% | $3,836-78.7% | $3,470-76.4% |
| Admin fee / account holder | $296 | $3,198-90.7% | $4,849-93.9% | $4,887-93.9% |