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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 | $4,560 | $57,352-92.0% | $83,830-94.6% | $64,173-92.9% |
| Participation rate | 47.1% | 68.6%-21.5pp | 76.1%-29.1pp | 69.6%-22.5pp |
| Annual return | 0.00% | 11.38%-11.4pp | 850.97%-851.0pp | 7.63%-7.6pp |
| Employer contribution / active EE | $631 | $2,546-75.2% | $3,631-82.6% | $2,381-73.5% |
| Participant deferral / active EE | $1,665 | $2,993-44.4% | $4,082-59.2% | $3,470-52.0% |
| Admin fee / account holder | $22 | $4,046-99.5% | $5,479-99.6% | $4,887-99.5% |