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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 | $4,967 | $30,732-83.8% | $59,496-91.7% | $59,633-91.7% |
| Participation rate | 29.6% | 43.2%-13.6pp | 54.6%-24.9pp | 68.7%-39.0pp |
| Annual return | 0.00% | 4.47%-4.5pp | 182.05%-182.0pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $828 | $631+31.3% | $1,153-28.1% | $2,203-62.4% |
| Participant deferral / active EE | $1,035 | $1,183-12.5% | $1,829-43.4% | $3,192-67.6% |
| Admin fee / account holder | $0 | $2,136-100.0% | $2,232-100.0% | $4,297-100.0% |