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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 | $5,449 | $107,015-94.9% | $73,545-92.6% | $147,585-96.3% |
| Participation rate | 41.7% | 66.4%-24.7pp | 54.9%-13.3pp | 82.8%-41.2pp |
| Annual return | 0.00% | 38.25%-38.2pp | -15.16%+15.2pp | 578.57%-578.6pp |
| Employer contribution / active EE | $511 | $1,760-71.0% | $1,219-58.1% | $4,876-89.5% |
| Participant deferral / active EE | $2,395 | $2,462-2.7% | $1,806+32.6% | $5,439-56.0% |
| Admin fee / account holder | $0 | $3,055-100.0% | $2,320-100.0% | $10,885-100.0% |