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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 | $6,946 | $109,372-93.6% | $89,414-92.2% | $158,966-95.6% |
| Participation rate | 56.3% | 74.3%-18.0pp | 68.0%-11.7pp | 82.0%-25.7pp |
| Annual return | 0.00% | 345.55%-345.6pp | 245.50%-245.5pp | 302.95%-302.9pp |
| Employer contribution / active EE | $743 | $3,171-76.6% | $2,586-71.3% | $4,762-84.4% |
| Participant deferral / active EE | $3,134 | $4,598-31.9% | $3,890-19.4% | $5,983-47.6% |
| Admin fee / account holder | $19 | $6,156-99.7% | $4,883-99.6% | $11,250-99.8% |