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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 | $3,784 | $52,580-92.8% | $71,671-94.7% | $70,124-94.6% |
| Participation rate | 51.5% | 60.9%-9.4pp | 68.7%-17.2pp | 69.5%-18.0pp |
| Annual return | 0.00% | 20.25%-20.3pp | 20.65%-20.6pp | 73.14%-73.1pp |
| Employer contribution / active EE | $974 | $1,616-39.7% | $2,460-60.4% | $2,342-58.4% |
| Participant deferral / active EE | $1,055 | $2,386-55.8% | $3,438-69.3% | $3,332-68.3% |
| Admin fee / account holder | $0 | $3,653-100.0% | $5,558-100.0% | $4,645-100.0% |