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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 | $870 | $73,863-98.8% | $143,797-99.4% | $68,490-98.7% |
| Participation rate | 2.2% | 66.7%-64.4pp | 80.3%-78.1pp | 67.9%-65.7pp |
| Annual return | -18.54% | 0.91%-19.5pp | -0.04%-18.5pp | -7.85%-10.7pp |
| Employer contribution / active EE | $0 | $3,185-100.0% | $4,952-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $0 | $3,385-100.0% | $5,638-100.0% | $4,028-100.0% |
| Admin fee / account holder | $4 | $5,756-99.9% | $14,679-100.0% | $5,403-99.9% |