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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 | $7,679 | $105,929-92.8% | $81,926-90.6% | $158,950-95.2% |
| Participation rate | 60.0% | 75.6%-15.6pp | 72.0%-12.0pp | 82.0%-22.0pp |
| Annual return | 0.00% | 38.19%-38.2pp | 29.49%-29.5pp | 302.91%-302.9pp |
| Employer contribution / active EE | $1,006 | $7,802-87.1% | $4,310-76.7% | $4,762-78.9% |
| Participant deferral / active EE | $3,296 | $13,007-74.7% | $7,108-53.6% | $5,983-44.9% |
| Admin fee / account holder | $1 | $8,492-100.0% | $5,159-100.0% | $11,248-100.0% |