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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 | $4,998 | $75,959-93.4% | $154,114-96.8% | $64,181-92.2% |
| Participation rate | 51.5% | 70.4%-18.9pp | 83.0%-31.5pp | 69.6%-18.1pp |
| Annual return | 4.71% | 30.32%-25.6pp | 735.16%-730.5pp | 7.63%-2.9pp |
| Employer contribution / active EE | $0 | $3,350-100.0% | $5,298-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,206 | $3,175-62.0% | $5,081-76.3% | $3,470-65.2% |
| Admin fee / account holder | $50 | $5,589-99.1% | $13,411-99.6% | $4,887-99.0% |