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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 | $12,979 | $158,852-91.8% | $121,220-89.3% | $135,380-90.4% |
| Participation rate | 12.5% | 79.3%-66.8pp | 71.8%-59.3pp | 82.6%-70.1pp |
| Annual return | 0.00% | -0.64%+0.6pp | 16.94%-16.9pp | 519.81%-519.8pp |
| Employer contribution / active EE | $248 | $5,666-95.6% | $4,023-93.8% | $4,779-94.8% |
| Participant deferral / active EE | $1,558 | $4,006-61.1% | $3,345-53.4% | $5,609-72.2% |
| Admin fee / account holder | $0 | $6,515-100.0% | $5,021-100.0% | $10,828-100.0% |