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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 | $4,895 | $103,949-95.3% | $69,182-92.9% | $273,972-98.2% |
| Participation rate | 14.3% | 67.4%-53.1pp | 55.1%-40.8pp | 83.0%-68.7pp |
| Annual return | 0.00% | 35.28%-35.3pp | -21.93%+21.9pp | 41.46%-41.5pp |
| Employer contribution / active EE | $90 | $1,783-94.9% | $1,206-92.5% | $4,869-98.1% |
| Participant deferral / active EE | $608 | $2,716-77.6% | $1,897-67.9% | $5,287-88.5% |
| Admin fee / account holder | $2 | $3,671-99.9% | $2,697-99.9% | $10,133-100.0% |