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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 | $13,345 | $95,415-86.0% | $185,851-92.8% | $85,851-84.5% |
| Participation rate | 31.6% | 68.8%-37.2pp | 81.7%-50.1pp | 69.3%-37.7pp |
| Annual return | 0.00% | 23.59%-23.6pp | 122.11%-122.1pp | 318.63%-318.6pp |
| Employer contribution / active EE | $0 | $3,314-100.0% | $5,168-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $3,531 | $3,424+3.1% | $5,569-36.6% | $3,952-10.7% |
| Admin fee / account holder | $80 | $7,215-98.9% | $16,245-99.5% | $6,261-98.7% |