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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 | $5,018 | $46,877-89.3% | $122,354-95.9% | $70,126-92.8% |
| Participation rate | 48.9% | 58.2%-9.3pp | 71.6%-22.7pp | 69.5%-20.6pp |
| Annual return | 0.00% | 24.22%-24.2pp | 30.28%-30.3pp | 73.15%-73.1pp |
| Employer contribution / active EE | $547 | $1,288-57.5% | $4,051-86.5% | $2,343-76.7% |
| Participant deferral / active EE | $2,012 | $2,167-7.2% | $3,287-38.8% | $3,332-39.6% |
| Admin fee / account holder | $0 | $3,324-100.0% | $5,479-100.0% | $4,645-100.0% |