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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 | $5,505 | $89,370-93.8% | $141,197-96.1% | $72,976-92.5% |
| Participation rate | 66.7% | 75.1%-8.5pp | 82.5%-15.8pp | 69.5%-2.8pp |
| Annual return | 0.00% | 111.88%-111.9pp | 71.41%-71.4pp | 81.02%-81.0pp |
| Employer contribution / active EE | $1,966 | $3,115-36.9% | $4,736-58.5% | $2,440-19.4% |
| Participant deferral / active EE | $2,784 | $5,419-48.6% | $6,710-58.5% | $3,608-22.8% |
| Admin fee / account holder | $6 | $5,957-99.9% | $10,265-99.9% | $5,124-99.9% |