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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 | $13,818 | $56,197-75.4% | $67,652-79.6% | $59,633-76.8% |
| Participation rate | 51.4% | 71.5%-20.1pp | 75.7%-24.3pp | 68.7%-17.3pp |
| Annual return | 0.00% | 18508.10%-18508.1pp | 6625.40%-6625.4pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $2,819 | $1,615+74.6% | $2,266+24.4% | $2,203+28.0% |
| Participant deferral / active EE | $4,339 | $2,844+52.6% | $3,560+21.9% | $3,192+36.0% |
| Admin fee / account holder | $4 | $3,958-99.9% | $4,821-99.9% | $4,297-99.9% |