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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 | $6,652 | $64,359-89.7% | $90,161-92.6% | $70,126-90.5% |
| Participation rate | 50.0% | 70.4%-20.4pp | 76.9%-26.9pp | 69.5%-19.5pp |
| Annual return | 0.00% | 28.13%-28.1pp | 34.89%-34.9pp | 73.15%-73.1pp |
| Employer contribution / active EE | $855 | $2,046-58.2% | $3,318-74.2% | $2,343-63.5% |
| Participant deferral / active EE | $2,234 | $4,389-49.1% | $5,287-57.7% | $3,332-32.9% |
| Admin fee / account holder | $77 | $3,945-98.0% | $5,943-98.7% | $4,645-98.3% |