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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 | $3,867 | $48,053-92.0% | $84,628-95.4% | $72,975-94.7% |
| Participation rate | 41.4% | 57.6%-16.2pp | 68.2%-26.9pp | 69.5%-28.1pp |
| Annual return | 0.00% | 37.39%-37.4pp | 258.80%-258.8pp | 81.01%-81.0pp |
| Employer contribution / active EE | $514 | $1,602-67.9% | $2,653-80.6% | $2,440-78.9% |
| Participant deferral / active EE | $1,257 | $2,681-53.1% | $3,900-67.8% | $3,608-65.1% |
| Admin fee / account holder | $25 | $3,395-99.3% | $4,914-99.5% | $5,124-99.5% |