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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 | $6,112 | $54,370-88.8% | $82,763-92.6% | $68,490-91.1% |
| Participation rate | 42.9% | 63.9%-21.1pp | 72.6%-29.7pp | 67.9%-25.0pp |
| Annual return | 0.00% | -13.67%+13.7pp | 702.45%-702.4pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,145 | $2,219-48.4% | $3,008-61.9% | $2,597-55.9% |
| Participant deferral / active EE | $2,064 | $3,247-36.4% | $4,395-53.0% | $4,028-48.8% |
| Admin fee / account holder | $0 | $4,398-100.0% | $5,325-100.0% | $5,403-100.0% |