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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 | $8,798 | $44,850-80.4% | $60,547-85.5% | $59,633-85.2% |
| Participation rate | 28.3% | 59.5%-31.2pp | 68.0%-39.7pp | 68.7%-40.4pp |
| Annual return | -0.90% | 1074.14%-1075.0pp | 335.64%-336.5pp | 2041.40%-2042.3pp |
| Employer contribution / active EE | $0 | $1,462-100.0% | $2,419-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $1,012 | $2,230-54.6% | $3,328-69.6% | $3,192-68.3% |
| Admin fee / account holder | $31 | $3,635-99.1% | $4,536-99.3% | $4,297-99.3% |