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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 | $3,946 | $57,828-93.2% | $117,039-96.6% | $70,126-94.4% |
| Participation rate | 44.1% | 67.1%-23.0pp | 77.2%-33.1pp | 69.5%-25.4pp |
| Annual return | 0.00% | 17.55%-17.6pp | 18.95%-18.9pp | 73.15%-73.1pp |
| Employer contribution / active EE | $538 | $1,816-70.4% | $3,785-85.8% | $2,343-77.0% |
| Participant deferral / active EE | $1,123 | $2,438-53.9% | $3,929-71.4% | $3,332-66.3% |
| Admin fee / account holder | $0 | $3,548-100.0% | $5,974-100.0% | $4,645-100.0% |