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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 | $1,660 | $50,958-96.7% | $74,552-97.8% | $64,181-97.4% |
| Participation rate | 61.3% | 61.1%+0.2pp | 69.1%-7.9pp | 69.6%-8.3pp |
| Annual return | 0.00% | -1.86%+1.9pp | 32.53%-32.5pp | 7.63%-7.6pp |
| Employer contribution / active EE | $0 | $1,115-100.0% | $1,961-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,597 | $2,301-30.6% | $3,108-48.6% | $3,470-54.0% |
| Admin fee / account holder | $31 | $4,223-99.3% | $5,060-99.4% | $4,887-99.4% |