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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 | $5,586 | $77,816-92.8% | $123,549-95.5% | $64,181-91.3% |
| Participation rate | 52.2% | 74.7%-22.5pp | 82.3%-30.1pp | 69.6%-17.4pp |
| Annual return | 0.00% | 12.49%-12.5pp | 119.20%-119.2pp | 7.63%-7.6pp |
| Employer contribution / active EE | $0 | $3,014-100.0% | $4,628-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $3,480 | $5,240-33.6% | $6,426-45.8% | $3,470+0.3% |
| Admin fee / account holder | $89 | $5,519-98.4% | $9,284-99.0% | $4,887-98.2% |