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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 | $1,974 | $49,177-96.0% | $79,466-97.5% | $64,173-96.9% |
| Participation rate | 54.1% | 65.0%-11.0pp | 73.3%-19.3pp | 69.6%-15.5pp |
| Annual return | 0.00% | -1.16%+1.2pp | 718.28%-718.3pp | 7.63%-7.6pp |
| Employer contribution / active EE | $340 | $2,076-83.6% | $2,800-87.8% | $2,381-85.7% |
| Participant deferral / active EE | $966 | $2,821-65.7% | $3,704-73.9% | $3,470-72.1% |
| Admin fee / account holder | $19 | $3,839-99.5% | $5,104-99.6% | $4,887-99.6% |