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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 | $3,492 | $32,117-89.1% | $71,089-95.1% | $64,173-94.6% |
| Participation rate | 62.1% | 42.7%+19.4pp | 54.6%+7.4pp | 69.6%-7.5pp |
| Annual return | 0.00% | -5.57%+5.6pp | 650.65%-650.6pp | 7.63%-7.6pp |
| Employer contribution / active EE | $872 | $712+22.5% | $1,088-19.8% | $2,381-63.4% |
| Participant deferral / active EE | $2,194 | $1,263+73.7% | $1,873+17.2% | $3,470-36.8% |
| Admin fee / account holder | $0 | $2,759-100.0% | $3,082-100.0% | $4,887-100.0% |