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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 | $5,814 | $158,852-96.3% | $121,220-95.2% | $135,379-95.7% |
| Participation rate | 33.3% | 79.3%-46.0pp | 71.8%-38.4pp | 82.6%-49.3pp |
| Annual return | 0.00% | -0.64%+0.6pp | 16.94%-16.9pp | 519.79%-519.8pp |
| Employer contribution / active EE | $923 | $5,666-83.7% | $4,023-77.1% | $4,779-80.7% |
| Participant deferral / active EE | $1,154 | $4,006-71.2% | $3,345-65.5% | $5,609-79.4% |
| Admin fee / account holder | $7 | $6,515-99.9% | $5,021-99.9% | $10,828-99.9% |