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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 | $4,703 | $37,446-87.4% | $77,552-93.9% | $79,856-94.1% |
| Participation rate | 51.9% | 41.5%+10.3pp | 54.2%-2.3pp | 69.6%-17.8pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.82%-54.8pp | 31.71%-31.7pp |
| Employer contribution / active EE | $658 | $637+3.3% | $987-33.3% | $2,471-73.4% |
| Participant deferral / active EE | $1,940 | $1,261+53.9% | $1,861+4.2% | $3,741-48.1% |
| Admin fee / account holder | $139 | $2,506-94.4% | $2,859-95.1% | $5,306-97.4% |