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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 | $6,843 | $82,678-91.7% | $125,391-94.5% | $68,490-90.0% |
| Participation rate | 64.7% | 75.1%-10.4pp | 82.4%-17.7pp | 67.9%-3.2pp |
| Annual return | 0.00% | -5.97%+6.0pp | 572.41%-572.4pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,385 | $3,382-59.0% | $4,816-71.2% | $2,597-46.7% |
| Participant deferral / active EE | $2,803 | $6,111-54.1% | $7,448-62.4% | $4,028-30.4% |
| Admin fee / account holder | $188 | $6,277-97.0% | $10,009-98.1% | $5,403-96.5% |