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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 | $3,472 | $108,285-96.8% | $77,552-95.5% | $158,982-97.8% |
| Participation rate | 13.3% | 64.4%-51.1pp | 54.2%-40.9pp | 82.0%-68.6pp |
| Annual return | 0.00% | 31.69%-31.7pp | 54.82%-54.8pp | 302.99%-303.0pp |
| Employer contribution / active EE | $132 | $1,325-90.0% | $987-86.6% | $4,763-97.2% |
| Participant deferral / active EE | $261 | $2,455-89.4% | $1,861-86.0% | $5,983-95.6% |
| Admin fee / account holder | $7 | $3,709-99.8% | $2,859-99.8% | $11,252-99.9% |