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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 | $8,534 | $95,406-91.1% | $185,849-95.4% | $85,847-90.1% |
| Participation rate | 46.0% | 68.8%-22.8pp | 81.7%-35.7pp | 69.3%-23.3pp |
| Annual return | 0.00% | 23.59%-23.6pp | 122.10%-122.1pp | 318.61%-318.6pp |
| Employer contribution / active EE | $1,003 | $3,314-69.7% | $5,169-80.6% | $2,565-60.9% |
| Participant deferral / active EE | $2,300 | $3,424-32.8% | $5,569-58.7% | $3,952-41.8% |
| Admin fee / account holder | $165 | $7,214-97.7% | $16,244-99.0% | $6,261-97.4% |