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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 | $7,053 | $66,180-89.3% | $118,746-94.1% | $62,293-88.7% |
| Participation rate | 66.7% | 71.3%-4.6pp | 78.3%-11.6pp | 69.5%-2.8pp |
| Annual return | 0.00% | 60.89%-60.9pp | 24.54%-24.5pp | 28.90%-28.9pp |
| Employer contribution / active EE | $1,521 | $3,183-52.2% | $4,193-63.7% | $2,042-25.5% |
| Participant deferral / active EE | $2,445 | $4,247-42.4% | $5,332-54.1% | $3,169-22.8% |
| Admin fee / account holder | $175 | $753-76.8% | $10,720-98.4% | $479-63.6% |