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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 | $8,986 | $64,719-86.1% | $112,249-92.0% | $68,486-86.9% |
| Participation rate | 52.8% | 67.2%-14.4pp | 75.1%-22.3pp | 67.9%-15.1pp |
| Annual return | -16.21% | -11.40%-4.8pp | 27.48%-43.7pp | -7.85%-8.4pp |
| Employer contribution / active EE | $1,492 | $2,747-45.7% | $3,636-59.0% | $2,597-42.6% |
| Participant deferral / active EE | $2,550 | $3,565-28.5% | $4,729-46.1% | $4,028-36.7% |
| Admin fee / account holder | $94 | $5,232-98.2% | $6,412-98.5% | $5,404-98.3% |