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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 | $5,179 | $65,704-92.1% | $94,229-94.5% | $59,633-91.3% |
| Participation rate | 62.5% | 72.1%-9.6pp | 78.8%-16.3pp | 68.7%-6.2pp |
| Annual return | 0.00% | 5.22%-5.2pp | 10.68%-10.7pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $634 | $2,021-68.6% | $3,587-82.3% | $2,203-71.2% |
| Participant deferral / active EE | $1,999 | $3,143-36.4% | $4,320-53.7% | $3,192-37.4% |
| Admin fee / account holder | $30 | $4,265-99.3% | $6,269-99.5% | $4,297-99.3% |