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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 | $4,981 | $65,367-92.4% | $92,915-94.6% | $72,976-93.2% |
| Participation rate | 51.6% | 68.3%-16.7pp | 76.0%-24.4pp | 69.5%-17.9pp |
| Annual return | 0.00% | 42.11%-42.1pp | 109.45%-109.4pp | 81.02%-81.0pp |
| Employer contribution / active EE | $900 | $2,594-65.3% | $3,653-75.4% | $2,440-63.1% |
| Participant deferral / active EE | $1,616 | $3,128-48.4% | $4,238-61.9% | $3,608-55.2% |
| Admin fee / account holder | $20 | $4,251-99.5% | $5,796-99.7% | $5,124-99.6% |