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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 | $8,814 | $107,015-91.8% | $73,545-88.0% | $147,585-94.0% |
| Participation rate | 30.0% | 66.4%-36.4pp | 54.9%-24.9pp | 82.8%-52.8pp |
| Annual return | 0.00% | 38.25%-38.2pp | -15.16%+15.2pp | 578.58%-578.6pp |
| Employer contribution / active EE | $579 | $1,760-67.1% | $1,219-52.5% | $4,876-88.1% |
| Participant deferral / active EE | $1,848 | $2,462-24.9% | $1,806+2.3% | $5,439-66.0% |
| Admin fee / account holder | $0 | $3,055-100.0% | $2,320-100.0% | $10,886-100.0% |