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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 | $2,221 | $32,037-93.1% | $69,182-96.8% | $62,881-96.5% |
| Participation rate | 42.1% | 43.4%-1.3pp | 55.1%-13.0pp | 69.3%-27.2pp |
| Annual return | 0.00% | 15.16%-15.2pp | -21.93%+21.9pp | 20.14%-20.1pp |
| Employer contribution / active EE | $362 | $679-46.6% | $1,206-70.0% | $2,281-84.1% |
| Participant deferral / active EE | $606 | $1,185-48.9% | $1,897-68.1% | $3,203-81.1% |
| Admin fee / account holder | $30 | $2,608-98.9% | $2,697-98.9% | $4,296-99.3% |