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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 | $4,515 | $37,446-87.9% | $77,552-94.2% | $79,856-94.3% |
| Participation rate | 14.3% | 41.5%-27.2pp | 54.2%-39.9pp | 69.6%-55.4pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.82%-54.8pp | 31.71%-31.7pp |
| Employer contribution / active EE | $194 | $637-69.6% | $987-80.3% | $2,471-92.2% |
| Participant deferral / active EE | $444 | $1,261-64.8% | $1,861-76.2% | $3,741-88.1% |
| Admin fee / account holder | $95 | $2,506-96.2% | $2,859-96.7% | $5,306-98.2% |