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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 | $302 | $58,234-99.5% | $81,783-99.6% | $80,874-99.6% |
| Participation rate | 2.8% | 63.4%-60.7pp | 72.4%-69.6pp | 67.6%-64.9pp |
| Annual return | 14.39% | 41.70%-27.3pp | 775.05%-760.7pp | 35.62%-21.2pp |
| Employer contribution / active EE | $0 | $2,341-100.0% | $2,913-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $0 | $3,283-100.0% | $4,320-100.0% | $4,297-100.0% |
| Admin fee / account holder | $0 | $4,982-100.0% | $7,380-100.0% | $6,935-100.0% |