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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 | $7,066 | $81,870-91.4% | $119,634-94.1% | $68,490-89.7% |
| Participation rate | 51.9% | 71.9%-20.0pp | 79.3%-27.4pp | 67.9%-16.0pp |
| Annual return | 0.00% | -23.82%+23.8pp | -14.98%+15.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,707 | $2,692-36.6% | $4,232-59.7% | $2,597-34.3% |
| Participant deferral / active EE | $2,313 | $4,148-44.2% | $5,601-58.7% | $4,028-42.6% |
| Admin fee / account holder | $129 | $6,583-98.0% | $10,329-98.7% | $5,403-97.6% |