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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 | $1,805 | $37,446-95.2% | $77,552-97.7% | $79,856-97.7% |
| Participation rate | 37.8% | 41.5%-3.7pp | 54.2%-16.4pp | 69.6%-31.8pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.82%-54.8pp | 31.71%-31.7pp |
| Employer contribution / active EE | $125 | $637-80.3% | $987-87.3% | $2,471-94.9% |
| Participant deferral / active EE | $521 | $1,261-58.7% | $1,861-72.0% | $3,741-86.1% |
| Admin fee / account holder | $0 | $2,506-100.0% | $2,859-100.0% | $5,306-100.0% |