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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 | $7,718 | $45,050-82.9% | $63,018-87.8% | $70,126-89.0% |
| Participation rate | 23.7% | 69.5%-45.8pp | 74.8%-51.1pp | 69.5%-45.9pp |
| Annual return | 0.00% | 18.76%-18.8pp | 87.62%-87.6pp | 73.15%-73.1pp |
| Employer contribution / active EE | $368 | $2,052-82.1% | $2,761-86.7% | $2,343-84.3% |
| Participant deferral / active EE | $1,379 | $2,466-44.1% | $3,330-58.6% | $3,332-58.6% |
| Admin fee / account holder | $47 | $2,834-98.3% | $3,601-98.7% | $4,645-99.0% |