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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 | $4,663 | $135,956-96.6% | $123,894-96.2% | $273,972-98.3% |
| Participation rate | 46.7% | 84.1%-37.4pp | 81.4%-34.7pp | 83.0%-36.3pp |
| Annual return | 0.00% | 56.63%-56.6pp | 47.52%-47.5pp | 41.46%-41.5pp |
| Employer contribution / active EE | $1,191 | $5,170-77.0% | $4,617-74.2% | $4,869-75.5% |
| Participant deferral / active EE | $4,912 | $6,343-22.6% | $5,984-17.9% | $5,287-7.1% |
| Admin fee / account holder | $6 | $9,817-99.9% | $8,357-99.9% | $10,133-99.9% |