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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 | $3,188 | $39,028-91.8% | $80,741-96.1% | $85,847-96.3% |
| Participation rate | 17.2% | 41.6%-24.3pp | 54.2%-36.9pp | 69.3%-52.1pp |
| Annual return | 0.00% | 26.31%-26.3pp | 87.30%-87.3pp | 318.61%-318.6pp |
| Employer contribution / active EE | $542 | $722-25.0% | $1,160-53.3% | $2,565-78.9% |
| Participant deferral / active EE | $542 | $1,326-59.2% | $2,145-74.8% | $3,952-86.3% |
| Admin fee / account holder | $42 | $2,429-98.3% | $3,380-98.7% | $6,261-99.3% |