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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 | $11,634 | $59,834-80.6% | $79,576-85.4% | $68,495-83.0% |
| Participation rate | 41.5% | 61.1%-19.6pp | 69.5%-28.0pp | 67.9%-26.4pp |
| Annual return | -16.35% | -12.30%-4.1pp | 0.15%-16.5pp | -7.84%-8.5pp |
| Employer contribution / active EE | $0 | $1,505-100.0% | $2,413-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $1,639 | $3,024-45.8% | $3,985-58.9% | $4,028-59.3% |
| Admin fee / account holder | $152 | $4,835-96.9% | $6,834-97.8% | $5,403-97.2% |