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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 | $479 | $25,979-98.2% | $71,755-99.3% | $68,486-99.3% |
| Participation rate | 63.6% | 54.5%+9.1pp | 62.3%+1.3pp | 67.9%-4.3pp |
| Annual return | 0.00% | -15.10%+15.1pp | 9.09%-9.1pp | -7.85%+7.9pp |
| Employer contribution / active EE | $113 | $900-87.4% | $1,704-93.3% | $2,597-95.6% |
| Participant deferral / active EE | $224 | $1,522-85.3% | $2,656-91.6% | $4,028-94.4% |
| Admin fee / account holder | $10 | $2,022-99.5% | $3,972-99.7% | $5,404-99.8% |