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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 | $516 | $25,979-98.0% | $71,755-99.3% | $68,486-99.2% |
| Participation rate | 42.4% | 54.5%-12.1pp | 62.3%-20.0pp | 67.9%-25.5pp |
| Annual return | 0.00% | -15.10%+15.1pp | 9.09%-9.1pp | -7.85%+7.9pp |
| Employer contribution / active EE | $89 | $900-90.1% | $1,704-94.8% | $2,597-96.6% |
| Participant deferral / active EE | $270 | $1,522-82.3% | $2,656-89.8% | $4,028-93.3% |
| Admin fee / account holder | $9 | $2,022-99.6% | $3,972-99.8% | $5,404-99.8% |