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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 | $7,127 | $65,395-89.1% | $182,531-96.1% | $72,983-90.2% |
| Participation rate | 37.8% | 65.4%-27.6pp | 78.0%-40.1pp | 69.5%-31.6pp |
| Annual return | 0.00% | 27.68%-27.7pp | 148.57%-148.6pp | 81.01%-81.0pp |
| Employer contribution / active EE | $549 | $1,911-71.3% | $4,075-86.5% | $2,440-77.5% |
| Participant deferral / active EE | $1,551 | $3,563-56.5% | $5,525-71.9% | $3,608-57.0% |
| Admin fee / account holder | $66 | $4,245-98.4% | $8,593-99.2% | $5,124-98.7% |