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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 | $6,458 | $95,895-93.3% | $79,576-91.9% | $134,509-95.2% |
| Participation rate | 50.0% | 75.0%-25.0pp | 69.5%-19.5pp | 81.2%-31.2pp |
| Annual return | 0.00% | -2.72%+2.7pp | 0.15%-0.1pp | 418.13%-418.1pp |
| Employer contribution / active EE | $1,582 | $3,128-49.4% | $2,413-34.4% | $4,741-66.6% |
| Participant deferral / active EE | $1,582 | $4,693-66.3% | $3,985-60.3% | $6,400-75.3% |
| Admin fee / account holder | $2 | $9,129-100.0% | $6,834-100.0% | $11,427-100.0% |