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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 | $3,257 | $90,509-96.4% | $78,693-95.9% | $273,968-98.8% |
| Participation rate | 60.0% | 76.5%-16.5pp | 73.6%-13.6pp | 83.0%-23.0pp |
| Annual return | 0.00% | 75.61%-75.6pp | 62.18%-62.2pp | 41.45%-41.5pp |
| Employer contribution / active EE | $950 | $3,175-70.1% | $2,850-66.7% | $4,869-80.5% |
| Participant deferral / active EE | $1,577 | $3,901-59.6% | $3,517-55.2% | $5,287-70.2% |
| Admin fee / account holder | $50 | $5,264-99.1% | $4,511-98.9% | $10,132-99.5% |