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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 | $6,768 | $95,406-92.9% | $185,849-96.4% | $85,847-92.1% |
| Participation rate | 63.3% | 68.8%-5.4pp | 81.7%-18.4pp | 69.3%-6.0pp |
| Annual return | 0.00% | 23.59%-23.6pp | 122.10%-122.1pp | 318.61%-318.6pp |
| Employer contribution / active EE | $500 | $3,314-84.9% | $5,169-90.3% | $2,565-80.5% |
| Participant deferral / active EE | $1,057 | $3,424-69.1% | $5,569-81.0% | $3,952-73.3% |
| Admin fee / account holder | $21 | $7,214-99.7% | $16,244-99.9% | $6,261-99.7% |