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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 | $10,283 | $45,566-77.4% | $64,105-84.0% | $59,633-82.8% |
| Participation rate | 48.0% | 60.2%-12.2pp | 68.2%-20.2pp | 68.7%-20.7pp |
| Annual return | 0.00% | 4.95%-4.9pp | 791.24%-791.2pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $1,846 | $934+97.6% | $1,820+1.4% | $2,203-16.2% |
| Participant deferral / active EE | $3,213 | $2,057+56.2% | $2,822+13.9% | $3,192+0.7% |
| Admin fee / account holder | $59 | $3,268-98.2% | $4,499-98.7% | $4,297-98.6% |