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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 | $6,951 | $156,963-95.6% | $121,204-94.3% | $139,466-95.0% |
| Participation rate | 36.4% | 76.5%-40.1pp | 69.5%-33.2pp | 80.3%-44.0pp |
| Annual return | 0.00% | 1476.75%-1476.7pp | 987.18%-987.2pp | 373.66%-373.7pp |
| Employer contribution / active EE | $285 | $5,544-94.9% | $4,170-93.2% | $4,754-94.0% |
| Participant deferral / active EE | $2,096 | $4,848-56.8% | $4,083-48.7% | $6,712-68.8% |
| Admin fee / account holder | $7 | $6,953-99.9% | $5,651-99.9% | $11,409-99.9% |