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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 | $3,036 | $37,446-91.9% | $77,513-96.1% | $79,852-96.2% |
| Participation rate | 27.0% | 41.5%-14.5pp | 54.2%-27.2pp | 69.6%-42.6pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.81%-54.8pp | 31.72%-31.7pp |
| Employer contribution / active EE | $140 | $637-78.0% | $987-85.8% | $2,471-94.3% |
| Participant deferral / active EE | $627 | $1,261-50.3% | $1,861-66.3% | $3,740-83.2% |
| Admin fee / account holder | $5 | $2,506-99.8% | $2,859-99.8% | $5,306-99.9% |