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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 | $5,946 | $176,402-96.6% | $134,162-95.6% | $158,982-96.3% |
| Participation rate | 45.5% | 78.7%-33.3pp | 72.2%-26.7pp | 82.0%-36.5pp |
| Annual return | 0.00% | 63.66%-63.7pp | 36.35%-36.3pp | 302.99%-303.0pp |
| Employer contribution / active EE | $1,191 | $5,042-76.4% | $3,705-67.8% | $4,763-75.0% |
| Participant deferral / active EE | $1,350 | $4,093-67.0% | $3,500-61.4% | $5,983-77.4% |
| Admin fee / account holder | $15 | $8,719-99.8% | $6,685-99.8% | $11,252-99.9% |