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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 | $1,008 | $28,624-96.5% | $53,647-98.1% | $82,637-98.8% |
| Participation rate | 2.9% | 47.3%-44.4pp | 56.3%-53.4pp | 68.1%-65.2pp |
| Annual return | 15.73% | 664.98%-649.3pp | 358.33%-342.6pp | 53.51%-37.8pp |
| Employer contribution / active EE | $0 | $637-100.0% | $962-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $0 | $1,196-100.0% | $1,813-100.0% | $4,126-100.0% |
| Admin fee / account holder | $9 | $2,022-99.6% | $2,460-99.6% | $7,339-99.9% |