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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 | $4,062 | $54,320-92.5% | $67,652-94.0% | $52,331-92.2% |
| Participation rate | 55.8% | 73.6%-17.8pp | 75.7%-19.9pp | 68.1%-12.4pp |
| Annual return | 0.00% | 6.81%-6.8pp | 6625.40%-6625.4pp | 4.54%-4.5pp |
| Employer contribution / active EE | $855 | $1,544-44.6% | $2,266-62.3% | $1,882-54.6% |
| Participant deferral / active EE | $1,602 | $2,950-45.7% | $3,560-55.0% | $3,022-47.0% |
| Admin fee / account holder | $55 | $527-89.5% | $4,821-98.9% | $592-90.7% |