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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 | $7,839 | $55,122-85.8% | $104,625-92.5% | $73,493-89.3% |
| Participation rate | 65.5% | 67.7%-2.2pp | 74.1%-8.5pp | 70.7%-5.1pp |
| Annual return | 0.00% | 24.77%-24.8pp | 340.60%-340.6pp | 28.51%-28.5pp |
| Employer contribution / active EE | $1,096 | $1,464-25.2% | $2,681-59.1% | $2,270-51.7% |
| Participant deferral / active EE | $2,613 | $2,919-10.5% | $3,738-30.1% | $3,740-30.1% |
| Admin fee / account holder | $5 | $423-98.9% | $6,465-99.9% | $513-99.1% |