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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 | $4,157 | $57,352-92.8% | $83,831-95.0% | $64,173-93.5% |
| Participation rate | 55.2% | 68.6%-13.4pp | 76.1%-21.0pp | 69.6%-14.4pp |
| Annual return | 0.00% | 11.38%-11.4pp | 850.99%-851.0pp | 7.63%-7.6pp |
| Employer contribution / active EE | $890 | $2,546-65.0% | $3,631-75.5% | $2,381-62.6% |
| Participant deferral / active EE | $1,933 | $2,993-35.4% | $4,082-52.7% | $3,470-44.3% |
| Admin fee / account holder | $2 | $4,046-99.9% | $5,479-100.0% | $4,887-100.0% |