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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 | $6,713 | $91,559-92.7% | $133,959-95.0% | $79,858-91.6% |
| Participation rate | 63.0% | 73.3%-10.4pp | 79.8%-16.9pp | 69.6%-6.7pp |
| Annual return | 0.00% | 61.85%-61.9pp | 45.09%-45.1pp | 31.72%-31.7pp |
| Employer contribution / active EE | $723 | $2,384-69.7% | $3,919-81.6% | $2,471-70.8% |
| Participant deferral / active EE | $1,998 | $3,734-46.5% | $5,047-60.4% | $3,740-46.6% |
| Admin fee / account holder | $4 | $6,321-99.9% | $8,928-99.9% | $5,306-99.9% |