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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 | $5,605 | $69,977-92.0% | $108,582-94.8% | $62,881-91.1% |
| Participation rate | 58.9% | 72.9%-14.0pp | 79.6%-20.7pp | 69.3%-10.4pp |
| Annual return | 0.00% | 10.73%-10.7pp | -51.70%+51.7pp | 20.14%-20.1pp |
| Employer contribution / active EE | $1,181 | $2,135-44.7% | $3,758-68.6% | $2,281-48.2% |
| Participant deferral / active EE | $2,140 | $3,165-32.4% | $4,311-50.4% | $3,203-33.2% |
| Admin fee / account holder | $46 | $5,076-99.1% | $7,645-99.4% | $4,296-98.9% |