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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 | $8,002 | $109,372-92.7% | $89,414-91.1% | $158,966-95.0% |
| Participation rate | 38.1% | 74.3%-36.2pp | 68.0%-29.9pp | 82.0%-43.9pp |
| Annual return | 0.00% | 345.55%-345.6pp | 245.50%-245.5pp | 302.95%-302.9pp |
| Employer contribution / active EE | $1,129 | $3,171-64.4% | $2,586-56.4% | $4,762-76.3% |
| Participant deferral / active EE | $1,867 | $4,598-59.4% | $3,890-52.0% | $5,983-68.8% |
| Admin fee / account holder | $94 | $6,156-98.5% | $4,883-98.1% | $11,250-99.2% |