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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 | $4,958 | $108,285-95.4% | $77,552-93.6% | $158,982-96.9% |
| Participation rate | 46.7% | 64.4%-17.8pp | 54.2%-7.5pp | 82.0%-35.3pp |
| Annual return | 0.00% | 31.69%-31.7pp | 54.82%-54.8pp | 302.99%-303.0pp |
| Employer contribution / active EE | $174 | $1,325-86.9% | $987-82.4% | $4,763-96.4% |
| Participant deferral / active EE | $1,941 | $2,455-21.0% | $1,861+4.3% | $5,983-67.6% |
| Admin fee / account holder | $1 | $3,709-100.0% | $2,859-100.0% | $11,252-100.0% |