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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 | $13,805 | $91,198-84.9% | $178,503-92.3% | $79,856-82.7% |
| Participation rate | 17.9% | 69.2%-51.4pp | 81.9%-64.1pp | 69.6%-51.8pp |
| Annual return | 0.00% | 24.20%-24.2pp | 151.12%-151.1pp | 31.71%-31.7pp |
| Employer contribution / active EE | $0 | $3,257-100.0% | $5,011-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,237 | $3,237-30.9% | $5,202-57.0% | $3,741-40.2% |
| Admin fee / account holder | $151 | $6,748-97.8% | $13,987-98.9% | $5,306-97.2% |