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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 | $7,771 | $52,967-85.3% | $172,753-95.5% | $65,186-88.1% |
| Participation rate | 23.7% | 66.2%-42.5pp | 82.6%-59.0pp | 70.2%-46.5pp |
| Annual return | 0.00% | 30.12%-30.1pp | 803.00%-803.0pp | 29.39%-29.4pp |
| Employer contribution / active EE | $0 | $2,190-100.0% | $5,144-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $2,170 | $2,471-12.2% | $5,198-58.3% | $3,514-38.3% |
| Admin fee / account holder | $102 | $472-78.4% | $13,956-99.3% | $847-87.9% |