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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 | $12,579 | $82,674-84.8% | $125,363-90.0% | $68,495-81.6% |
| Participation rate | 37.1% | 75.0%-37.9pp | 82.4%-45.2pp | 67.9%-30.7pp |
| Annual return | 0.00% | -5.97%+6.0pp | 572.15%-572.1pp | -7.84%+7.8pp |
| Employer contribution / active EE | $1,594 | $3,382-52.9% | $4,815-66.9% | $2,596-38.6% |
| Participant deferral / active EE | $3,912 | $6,111-36.0% | $7,447-47.5% | $4,028-2.9% |
| Admin fee / account holder | $15 | $6,276-99.8% | $10,005-99.8% | $5,403-99.7% |