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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 | $9,250 | $43,075-78.5% | $74,577-87.6% | $62,881-85.3% |
| Participation rate | 12.0% | 58.1%-46.1pp | 68.1%-56.1pp | 69.3%-57.3pp |
| Annual return | 0.00% | 17.50%-17.5pp | 20.47%-20.5pp | 20.14%-20.1pp |
| Employer contribution / active EE | $273 | $1,498-81.7% | $2,525-89.2% | $2,281-88.0% |
| Participant deferral / active EE | $808 | $2,389-66.2% | $3,458-76.6% | $3,203-74.8% |
| Admin fee / account holder | $26 | $2,840-99.1% | $4,138-99.4% | $4,296-99.4% |