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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 | $7,039 | $81,208-91.3% | $98,916-92.9% | $79,858-91.2% |
| Participation rate | 55.0% | 72.5%-17.5pp | 76.0%-21.0pp | 69.6%-14.6pp |
| Annual return | 0.00% | 60.99%-61.0pp | 196.45%-196.4pp | 31.72%-31.7pp |
| Employer contribution / active EE | $770 | $1,960-60.7% | $2,689-71.4% | $2,471-68.8% |
| Participant deferral / active EE | $2,919 | $3,265-10.6% | $4,245-31.2% | $3,740-21.9% |
| Admin fee / account holder | $209 | $6,013-96.5% | $6,642-96.9% | $5,306-96.1% |