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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 | $9,107 | $77,817-88.3% | $123,553-92.6% | $64,173-85.8% |
| Participation rate | 48.1% | 74.7%-26.6pp | 82.3%-34.1pp | 69.6%-21.4pp |
| Annual return | 0.00% | 12.49%-12.5pp | 119.21%-119.2pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,908 | $3,014-36.7% | $4,628-58.8% | $2,381-19.8% |
| Participant deferral / active EE | $3,151 | $5,240-39.9% | $6,426-51.0% | $3,470-9.2% |
| Admin fee / account holder | $0 | $5,519-100.0% | $9,284-100.0% | $4,887-100.0% |