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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 | $3,451 | $75,962-95.5% | $154,108-97.8% | $64,173-94.6% |
| Participation rate | 66.7% | 70.4%-3.7pp | 83.0%-16.4pp | 69.6%-2.9pp |
| Annual return | 0.00% | 30.32%-30.3pp | 735.21%-735.2pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,174 | $3,350-65.0% | $5,298-77.8% | $2,381-50.7% |
| Participant deferral / active EE | $1,495 | $3,175-52.9% | $5,081-70.6% | $3,470-56.9% |
| Admin fee / account holder | $130 | $5,589-97.7% | $13,411-99.0% | $4,887-97.3% |