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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 | $3,636 | $108,285-96.6% | $77,552-95.3% | $158,982-97.7% |
| Participation rate | 36.8% | 64.4%-27.6pp | 54.2%-17.3pp | 82.0%-45.1pp |
| Annual return | 0.00% | 31.69%-31.7pp | 54.82%-54.8pp | 302.99%-303.0pp |
| Employer contribution / active EE | $331 | $1,325-75.0% | $987-66.4% | $4,763-93.0% |
| Participant deferral / active EE | $1,326 | $2,455-46.0% | $1,861-28.8% | $5,983-77.8% |
| Admin fee / account holder | $78 | $3,709-97.9% | $2,859-97.3% | $11,252-99.3% |