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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 | $9,304 | $48,274-80.7% | $63,244-85.3% | $59,633-84.4% |
| Participation rate | 24.0% | 66.3%-42.3pp | 71.0%-47.0pp | 68.7%-44.7pp |
| Annual return | 0.00% | -240.79%+240.8pp | -70.31%+70.3pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $470 | $1,586-70.4% | $2,322-79.8% | $2,203-78.7% |
| Participant deferral / active EE | $1,830 | $2,343-21.9% | $2,953-38.0% | $3,192-42.7% |
| Admin fee / account holder | $72 | $3,600-98.0% | $5,893-98.8% | $4,297-98.3% |