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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 | $5,803 | $69,518-91.7% | $59,887-90.3% | $135,379-95.7% |
| Participation rate | 50.0% | 77.8%-27.8pp | 74.7%-24.7pp | 82.6%-32.6pp |
| Annual return | 0.00% | 7.95%-7.9pp | 3.46%-3.5pp | 519.79%-519.8pp |
| Employer contribution / active EE | $467 | $3,235-85.6% | $2,722-82.9% | $4,779-90.2% |
| Participant deferral / active EE | $2,747 | $4,204-34.7% | $3,402-19.3% | $5,609-51.0% |
| Admin fee / account holder | $64 | $5,734-98.9% | $3,591-98.2% | $10,828-99.4% |