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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 | $4,106 | $45,438-91.0% | $80,004-94.9% | $59,633-93.1% |
| Participation rate | 49.1% | 63.7%-14.7pp | 73.0%-24.0pp | 68.7%-19.6pp |
| Annual return | 0.00% | 5.10%-5.1pp | 7.63%-7.6pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $867 | $1,236-29.8% | $2,473-64.9% | $2,203-60.6% |
| Participant deferral / active EE | $1,374 | $2,231-38.4% | $3,204-57.1% | $3,192-56.9% |
| Admin fee / account holder | $227 | $3,464-93.5% | $5,033-95.5% | $4,297-94.7% |