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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 | $12,133 | $62,583-80.6% | $76,767-84.2% | $64,173-81.1% |
| Participation rate | 61.4% | 72.8%-11.5pp | 77.0%-15.6pp | 69.6%-8.2pp |
| Annual return | -7.10% | -1.95%-5.2pp | 2.43%-9.5pp | 7.63%-14.7pp |
| Employer contribution / active EE | $690 | $1,832-62.3% | $2,485-72.2% | $2,381-71.0% |
| Participant deferral / active EE | $2,411 | $3,145-23.3% | $3,852-37.4% | $3,470-30.5% |
| Admin fee / account holder | $169 | $4,667-96.4% | $6,675-97.5% | $4,887-96.5% |