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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 | $5,752 | $37,446-84.6% | $77,552-92.6% | $79,856-92.8% |
| Participation rate | 25.8% | 41.5%-15.7pp | 54.2%-28.4pp | 69.6%-43.8pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.82%-54.8pp | 31.71%-31.7pp |
| Employer contribution / active EE | $378 | $637-40.6% | $987-61.7% | $2,471-84.7% |
| Participant deferral / active EE | $909 | $1,261-27.9% | $1,861-51.2% | $3,741-75.7% |
| Admin fee / account holder | $1 | $2,506-100.0% | $2,859-100.0% | $5,306-100.0% |