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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 | $2,823 | $35,183-92.0% | $73,550-96.2% | $70,126-96.0% |
| Participation rate | 0.0% | 42.9%-42.9pp | 54.9%-54.9pp | 69.5%-69.5pp |
| Annual return | 0.00% | 26.90%-26.9pp | -15.16%+15.2pp | 73.15%-73.1pp |
| Employer contribution / active EE | $313 | $709-55.8% | $1,219-74.3% | $2,343-86.6% |
| Participant deferral / active EE | $483 | $1,220-60.4% | $1,804-73.2% | $3,332-85.5% |
| Admin fee / account holder | $115 | $2,302-95.0% | $2,320-95.0% | $4,645-97.5% |