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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 | $3,921 | $48,364-91.9% | $71,796-94.5% | $62,881-93.8% |
| Participation rate | 61.3% | 60.6%+0.7pp | 69.1%-7.8pp | 69.3%-8.0pp |
| Annual return | 0.00% | 13.16%-13.2pp | 78.04%-78.0pp | 20.14%-20.1pp |
| Employer contribution / active EE | $828 | $1,042-20.5% | $1,924-57.0% | $2,281-63.7% |
| Participant deferral / active EE | $1,468 | $2,091-29.8% | $2,794-47.5% | $3,203-54.2% |
| Admin fee / account holder | $48 | $3,771-98.7% | $4,815-99.0% | $4,296-98.9% |