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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 | $3,217 | $57,352-94.4% | $83,831-96.2% | $64,173-95.0% |
| Participation rate | 65.6% | 68.6%-3.0pp | 76.1%-10.5pp | 69.6%-3.9pp |
| Annual return | 0.00% | 11.38%-11.4pp | 850.99%-851.0pp | 7.63%-7.6pp |
| Employer contribution / active EE | $718 | $2,546-71.8% | $3,631-80.2% | $2,381-69.9% |
| Participant deferral / active EE | $1,761 | $2,993-41.2% | $4,082-56.9% | $3,470-49.3% |
| Admin fee / account holder | $2 | $4,046-99.9% | $5,479-100.0% | $4,887-100.0% |