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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 | $7,499 | $48,364-84.5% | $71,796-89.6% | $62,881-88.1% |
| Participation rate | 39.7% | 60.6%-20.9pp | 69.1%-29.4pp | 69.3%-29.6pp |
| Annual return | 0.00% | 13.16%-13.2pp | 78.04%-78.0pp | 20.14%-20.1pp |
| Employer contribution / active EE | $609 | $1,042-41.5% | $1,924-68.3% | $2,281-73.3% |
| Participant deferral / active EE | $1,025 | $2,091-51.0% | $2,794-63.3% | $3,203-68.0% |
| Admin fee / account holder | $75 | $3,771-98.0% | $4,815-98.4% | $4,296-98.3% |