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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 | $7,836 | $112,933-93.1% | $90,970-91.4% | $158,982-95.1% |
| Participation rate | 42.9% | 74.7%-31.9pp | 69.0%-26.2pp | 82.0%-39.1pp |
| Annual return | 0.00% | 215.82%-215.8pp | 134.60%-134.6pp | 302.99%-303.0pp |
| Employer contribution / active EE | $487 | $2,893-83.2% | $2,122-77.0% | $4,763-89.8% |
| Participant deferral / active EE | $2,653 | $4,128-35.7% | $3,373-21.3% | $5,983-55.7% |
| Admin fee / account holder | $24 | $8,047-99.7% | $5,961-99.6% | $11,252-99.8% |