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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 | $6,705 | $107,030-93.7% | $73,550-90.9% | $147,586-95.5% |
| Participation rate | 45.5% | 66.4%-20.9pp | 54.9%-9.5pp | 82.8%-37.4pp |
| Annual return | 0.00% | 38.25%-38.2pp | -15.16%+15.2pp | 578.59%-578.6pp |
| Employer contribution / active EE | $560 | $1,760-68.2% | $1,219-54.1% | $4,876-88.5% |
| Participant deferral / active EE | $2,327 | $2,458-5.3% | $1,804+29.0% | $5,439-57.2% |
| Admin fee / account holder | $33 | $3,055-98.9% | $2,320-98.6% | $10,886-99.7% |