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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 | $6,182 | $49,280-87.5% | $67,313-90.8% | $64,181-90.4% |
| Participation rate | 56.7% | 60.8%-4.1pp | 69.1%-12.4pp | 69.6%-12.9pp |
| Annual return | 0.00% | -1.39%+1.4pp | -4.08%+4.1pp | 7.63%-7.6pp |
| Employer contribution / active EE | $929 | $1,668-44.3% | $2,566-63.8% | $2,381-61.0% |
| Participant deferral / active EE | $1,728 | $2,484-30.5% | $3,568-51.6% | $3,470-50.2% |
| Admin fee / account holder | $77 | $3,863-98.0% | $4,507-98.3% | $4,887-98.4% |