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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 | $4,909 | $48,235-89.8% | $68,803-92.9% | $68,490-92.8% |
| Participation rate | 39.4% | 60.7%-21.3pp | 69.0%-29.6pp | 67.9%-28.5pp |
| Annual return | 0.00% | -12.70%+12.7pp | -6.37%+6.4pp | -7.85%+7.9pp |
| Employer contribution / active EE | $904 | $1,829-50.6% | $2,656-66.0% | $2,597-65.2% |
| Participant deferral / active EE | $1,419 | $2,867-50.5% | $3,942-64.0% | $4,028-64.8% |
| Admin fee / account holder | $133 | $4,361-96.9% | $4,936-97.3% | $5,403-97.5% |