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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 | $8,905 | $54,239-83.6% | $70,098-87.3% | $68,495-87.0% |
| Participation rate | 17.1% | 64.5%-47.4pp | 70.5%-53.4pp | 67.9%-50.8pp |
| Annual return | 0.00% | -13.87%+13.9pp | 190.76%-190.8pp | -7.84%+7.8pp |
| Employer contribution / active EE | $963 | $2,019-52.3% | $2,560-62.4% | $2,596-62.9% |
| Participant deferral / active EE | $1,306 | $2,957-55.8% | $3,849-66.1% | $4,028-67.6% |
| Admin fee / account holder | $113 | $4,691-97.6% | $6,266-98.2% | $5,403-97.9% |