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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 | $10,789 | $59,116-81.8% | $86,438-87.5% | $68,486-84.2% |
| Participation rate | 55.0% | 75.2%-20.2pp | 80.3%-25.3pp | 67.9%-12.9pp |
| Annual return | 0.00% | -0.23%+0.2pp | 4397.19%-4397.2pp | -7.85%+7.9pp |
| Employer contribution / active EE | $742 | $2,519-70.6% | $3,769-80.3% | $2,597-71.4% |
| Participant deferral / active EE | $2,846 | $5,902-51.8% | $6,952-59.1% | $4,028-29.3% |
| Admin fee / account holder | $59 | $5,639-99.0% | $6,733-99.1% | $5,404-98.9% |