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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 | $8,997 | $84,236-89.3% | $170,435-94.7% | $70,126-87.2% |
| Participation rate | 52.2% | 70.8%-18.7pp | 83.6%-31.4pp | 69.5%-17.4pp |
| Annual return | 0.00% | 23.06%-23.1pp | 205.94%-205.9pp | 73.15%-73.1pp |
| Employer contribution / active EE | $1,744 | $3,387-48.5% | $5,432-67.9% | $2,343-25.5% |
| Participant deferral / active EE | $2,952 | $3,086-4.3% | $4,939-40.2% | $3,332-11.4% |
| Admin fee / account holder | $0 | $5,698-100.0% | $13,881-100.0% | $4,645-100.0% |