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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 | $9,647 | $101,063-90.5% | $81,473-88.2% | $147,586-93.5% |
| Participation rate | 38.5% | 74.5%-36.0pp | 68.0%-29.5pp | 82.8%-44.4pp |
| Annual return | 0.00% | 32.41%-32.4pp | 38.78%-38.8pp | 578.59%-578.6pp |
| Employer contribution / active EE | $728 | $3,206-77.3% | $2,568-71.6% | $4,876-85.1% |
| Participant deferral / active EE | $2,745 | $4,242-35.3% | $3,537-22.4% | $5,439-49.5% |
| Admin fee / account holder | $25 | $5,812-99.6% | $4,561-99.5% | $10,886-99.8% |