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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 | $7,600 | $62,583-87.9% | $76,767-90.1% | $64,173-88.2% |
| Participation rate | 48.8% | 72.8%-24.0pp | 77.0%-28.2pp | 69.6%-20.8pp |
| Annual return | 0.00% | -1.95%+1.9pp | 2.43%-2.4pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,182 | $1,832-35.5% | $2,485-52.5% | $2,381-50.4% |
| Participant deferral / active EE | $2,027 | $3,145-35.5% | $3,852-47.4% | $3,470-41.6% |
| Admin fee / account holder | $8 | $4,667-99.8% | $6,675-99.9% | $4,887-99.8% |