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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 | $3,028 | $37,446-91.9% | $77,552-96.1% | $79,856-96.2% |
| Participation rate | 34.6% | 41.5%-6.9pp | 54.2%-19.6pp | 69.6%-35.0pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.82%-54.8pp | 31.71%-31.7pp |
| Employer contribution / active EE | $319 | $637-49.9% | $987-67.6% | $2,471-87.1% |
| Participant deferral / active EE | $432 | $1,261-65.8% | $1,861-76.8% | $3,741-88.5% |
| Admin fee / account holder | $287 | $2,506-88.6% | $2,859-90.0% | $5,306-94.6% |