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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 | $8,543 | $85,171-90.0% | $172,752-95.1% | $72,975-88.3% |
| Participation rate | 55.6% | 70.1%-14.5pp | 82.6%-27.1pp | 69.5%-13.9pp |
| Annual return | 0.00% | 27.32%-27.3pp | 802.97%-803.0pp | 81.01%-81.0pp |
| Employer contribution / active EE | $2,568 | $3,324-22.7% | $5,144-50.1% | $2,440+5.2% |
| Participant deferral / active EE | $1,833 | $3,260-43.8% | $5,198-64.7% | $3,608-49.2% |
| Admin fee / account holder | $30 | $5,880-99.5% | $13,955-99.8% | $5,124-99.4% |