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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 | $5,771 | $42,548-86.4% | $74,549-92.3% | $56,287-89.7% |
| Participation rate | 47.0% | 60.5%-13.5pp | 69.1%-22.1pp | 69.9%-22.9pp |
| Annual return | 0.00% | 12.40%-12.4pp | 32.53%-32.5pp | -9.96%+10.0pp |
| Employer contribution / active EE | $1,108 | $855+29.6% | $1,961-43.5% | $2,111-47.5% |
| Participant deferral / active EE | $1,776 | $2,277-22.0% | $3,108-42.9% | $3,350-47.0% |
| Admin fee / account holder | $26 | $467-94.5% | $5,059-99.5% | $521-95.1% |