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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 | $12,389 | $95,406-87.0% | $185,849-93.3% | $85,847-85.6% |
| Participation rate | 35.5% | 68.8%-33.3pp | 81.7%-46.2pp | 69.3%-33.8pp |
| Annual return | 0.00% | 23.59%-23.6pp | 122.10%-122.1pp | 318.61%-318.6pp |
| Employer contribution / active EE | $3,052 | $3,314-7.9% | $5,169-40.9% | $2,565+19.0% |
| Participant deferral / active EE | $1,210 | $3,424-64.7% | $5,569-78.3% | $3,952-69.4% |
| Admin fee / account holder | $0 | $7,214-100.0% | $16,244-100.0% | $6,261-100.0% |