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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 | $5,612 | $73,863-92.4% | $143,797-96.1% | $68,490-91.8% |
| Participation rate | 25.0% | 66.7%-41.7pp | 80.3%-55.3pp | 67.9%-42.9pp |
| Annual return | 0.00% | 0.91%-0.9pp | -0.04%0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $576 | $3,185-81.9% | $4,952-88.4% | $2,597-77.8% |
| Participant deferral / active EE | $1,052 | $3,385-68.9% | $5,638-81.3% | $4,028-73.9% |
| Admin fee / account holder | $9 | $5,756-99.8% | $14,679-99.9% | $5,403-99.8% |