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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 | $9,171 | $46,697-80.4% | $117,533-92.2% | $68,486-86.6% |
| Participation rate | 28.8% | 56.8%-27.9pp | 70.6%-41.8pp | 67.9%-39.0pp |
| Annual return | -2.84% | -14.52%+11.7pp | 29.77%-32.6pp | -7.85%+5.0pp |
| Employer contribution / active EE | $885 | $1,506-41.2% | $4,179-78.8% | $2,597-65.9% |
| Participant deferral / active EE | $1,767 | $2,637-33.0% | $4,072-56.6% | $4,028-56.1% |
| Admin fee / account holder | $146 | $4,023-96.4% | $5,647-97.4% | $5,404-97.3% |