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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 | $7,248 | $108,285-93.3% | $77,552-90.7% | $158,982-95.4% |
| Participation rate | 17.4% | 64.4%-47.0pp | 54.2%-36.8pp | 82.0%-64.6pp |
| Annual return | 0.00% | 31.69%-31.7pp | 54.82%-54.8pp | 302.99%-303.0pp |
| Employer contribution / active EE | $325 | $1,325-75.5% | $987-67.1% | $4,763-93.2% |
| Participant deferral / active EE | $1,150 | $2,455-53.2% | $1,861-38.2% | $5,983-80.8% |
| Admin fee / account holder | $1 | $3,709-100.0% | $2,859-100.0% | $11,252-100.0% |