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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 | $6,414 | $53,162-87.9% | $91,225-93.0% | $68,486-90.6% |
| Participation rate | 56.0% | 63.2%-7.2pp | 73.2%-17.2pp | 67.9%-11.9pp |
| Annual return | 0.00% | -3.14%+3.1pp | 114.12%-114.1pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,600 | $1,709-6.4% | $2,851-43.9% | $2,597-38.4% |
| Participant deferral / active EE | $2,262 | $2,974-23.9% | $4,233-46.6% | $4,028-43.8% |
| Admin fee / account holder | $3 | $4,493-99.9% | $5,422-99.9% | $5,404-99.9% |