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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 | $1,987 | $27,632-92.8% | $61,452-96.8% | $68,486-97.1% |
| Participation rate | 62.2% | 39.5%+22.7pp | 52.6%+9.6pp | 67.9%-5.7pp |
| Annual return | 0.00% | -13.24%+13.2pp | 338.96%-339.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $171 | $696-75.4% | $1,160-85.3% | $2,597-93.4% |
| Participant deferral / active EE | $1,161 | $1,264-8.2% | $2,125-45.4% | $4,028-71.2% |
| Admin fee / account holder | $50 | $2,010-97.5% | $2,131-97.7% | $5,404-99.1% |