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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 | $5,225 | $37,446-86.0% | $77,513-93.3% | $79,852-93.5% |
| Participation rate | 48.6% | 41.5%+7.1pp | 54.2%-5.5pp | 69.6%-21.0pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.81%-54.8pp | 31.72%-31.7pp |
| Employer contribution / active EE | $678 | $637+6.5% | $987-31.2% | $2,471-72.5% |
| Participant deferral / active EE | $1,572 | $1,261+24.7% | $1,861-15.5% | $3,740-58.0% |
| Admin fee / account holder | $65 | $2,506-97.4% | $2,859-97.7% | $5,306-98.8% |