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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 | $4,419 | $73,839-94.0% | $143,788-96.9% | $68,495-93.5% |
| Participation rate | 51.4% | 66.7%-15.3pp | 80.3%-29.0pp | 67.9%-16.5pp |
| Annual return | 0.00% | 1.01%-1.0pp | -0.03%0pp | -7.84%+7.8pp |
| Employer contribution / active EE | $927 | $3,184-70.9% | $4,952-81.3% | $2,596-64.3% |
| Participant deferral / active EE | $1,881 | $3,384-44.4% | $5,638-66.6% | $4,028-53.3% |
| Admin fee / account holder | $0 | $5,755-100.0% | $14,675-100.0% | $5,403-100.0% |