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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 | $7,348 | $115,814-93.7% | $101,275-92.7% | $158,982-95.4% |
| Participation rate | 50.0% | 79.4%-29.4pp | 75.8%-25.8pp | 82.0%-32.0pp |
| Annual return | 0.00% | 56.16%-56.2pp | 46.48%-46.5pp | 302.99%-303.0pp |
| Employer contribution / active EE | $837 | $4,176-80.0% | $3,660-77.1% | $4,763-82.4% |
| Participant deferral / active EE | $2,315 | $4,958-53.3% | $4,371-47.0% | $5,983-61.3% |
| Admin fee / account holder | $9 | $7,249-99.9% | $5,948-99.8% | $11,252-99.9% |