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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 | $10,169 | $81,870-87.6% | $119,622-91.5% | $68,486-85.2% |
| Participation rate | 62.5% | 71.9%-9.4pp | 79.3%-16.8pp | 67.9%-5.4pp |
| Annual return | 0.00% | -23.82%+23.8pp | -14.98%+15.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,902 | $2,692-29.3% | $4,232-55.1% | $2,597-26.8% |
| Participant deferral / active EE | $4,351 | $4,148+4.9% | $5,601-22.3% | $4,028+8.0% |
| Admin fee / account holder | $22 | $6,583-99.7% | $10,328-99.8% | $5,404-99.6% |