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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 | $3,508 | $73,863-95.3% | $143,797-97.6% | $68,490-94.9% |
| Participation rate | 48.3% | 66.7%-18.4pp | 80.3%-32.0pp | 67.9%-19.6pp |
| Annual return | 0.00% | 0.91%-0.9pp | -0.04%0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $772 | $3,185-75.8% | $4,952-84.4% | $2,597-70.3% |
| Participant deferral / active EE | $1,528 | $3,385-54.8% | $5,638-72.9% | $4,028-62.1% |
| Admin fee / account holder | $60 | $5,756-99.0% | $14,679-99.6% | $5,403-98.9% |