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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 | $6,218 | $93,124-93.3% | $77,100-91.9% | $134,545-95.4% |
| Participation rate | 60.0% | 74.5%-14.5pp | 67.9%-7.9pp | 81.2%-21.2pp |
| Annual return | 0.00% | 62.68%-62.7pp | 42.35%-42.4pp | 418.37%-418.4pp |
| Employer contribution / active EE | $943 | $3,421-72.4% | $2,815-66.5% | $4,742-80.1% |
| Participant deferral / active EE | $5,580 | $5,242+6.4% | $4,430+26.0% | $6,401-12.8% |
| Admin fee / account holder | $5 | $6,970-99.9% | $5,443-99.9% | $11,431-100.0% |