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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 | $3,050 | $45,087-93.2% | $69,483-95.6% | $72,976-95.8% |
| Participation rate | 34.8% | 68.5%-33.7pp | 74.6%-39.8pp | 69.5%-34.7pp |
| Annual return | 0.00% | 22.67%-22.7pp | 28.99%-29.0pp | 81.02%-81.0pp |
| Employer contribution / active EE | $536 | $2,055-73.9% | $2,780-80.7% | $2,440-78.1% |
| Participant deferral / active EE | $895 | $2,603-65.6% | $3,537-74.7% | $3,608-75.2% |
| Admin fee / account holder | $13 | $3,057-99.6% | $3,841-99.7% | $5,124-99.7% |