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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 | $13,398 | $107,353-87.5% | $92,903-85.6% | $152,885-91.2% |
| Participation rate | 29.2% | 79.8%-50.6pp | 76.0%-46.8pp | 82.5%-53.3pp |
| Annual return | 0.00% | 145.62%-145.6pp | 109.43%-109.4pp | 345.39%-345.4pp |
| Employer contribution / active EE | $1,159 | $4,222-72.5% | $3,653-68.3% | $4,763-75.7% |
| Participant deferral / active EE | $2,960 | $4,848-38.9% | $4,238-30.2% | $5,851-49.4% |
| Admin fee / account holder | $56 | $7,081-99.2% | $5,795-99.0% | $11,598-99.5% |