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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 | $6,468 | $90,486-92.9% | $78,676-91.8% | $273,972-97.6% |
| Participation rate | 22.2% | 76.5%-54.3pp | 73.6%-51.3pp | 83.0%-60.8pp |
| Annual return | 0.00% | 75.62%-75.6pp | 62.19%-62.2pp | 41.46%-41.5pp |
| Employer contribution / active EE | $739 | $3,175-76.7% | $2,850-74.1% | $4,869-84.8% |
| Participant deferral / active EE | $690 | $3,901-82.3% | $3,517-80.4% | $5,287-87.0% |
| Admin fee / account holder | $23 | $5,263-99.6% | $4,510-99.5% | $10,133-99.8% |