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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 | $6,613 | $65,034-89.8% | $90,970-92.7% | $79,856-91.7% |
| Participation rate | 45.7% | 61.6%-15.9pp | 69.0%-23.3pp | 69.6%-23.9pp |
| Annual return | 0.00% | 30.45%-30.5pp | 134.60%-134.6pp | 31.71%-31.7pp |
| Employer contribution / active EE | $1,117 | $1,247-10.5% | $2,122-47.4% | $2,471-54.8% |
| Participant deferral / active EE | $1,496 | $2,512-40.4% | $3,373-55.6% | $3,741-60.0% |
| Admin fee / account holder | $50 | $4,536-98.9% | $5,961-99.2% | $5,306-99.1% |