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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 | $3,807 | $52,580-92.8% | $71,671-94.7% | $70,126-94.6% |
| Participation rate | 42.7% | 60.9%-18.2pp | 68.7%-26.1pp | 69.5%-26.9pp |
| Annual return | 0.00% | 20.25%-20.3pp | 20.65%-20.6pp | 73.15%-73.1pp |
| Employer contribution / active EE | $815 | $1,616-49.6% | $2,460-66.9% | $2,343-65.2% |
| Participant deferral / active EE | $1,203 | $2,386-49.6% | $3,438-65.0% | $3,332-63.9% |
| Admin fee / account holder | $252 | $3,653-93.1% | $5,558-95.5% | $4,645-94.6% |