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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 | $15,529 | $158,852-90.2% | $121,220-87.2% | $135,380-88.5% |
| Participation rate | 26.7% | 79.3%-52.6pp | 71.8%-45.1pp | 82.6%-56.0pp |
| Annual return | -7.61% | -0.64%-7.0pp | 16.94%-24.6pp | 519.81%-527.4pp |
| Employer contribution / active EE | $760 | $5,666-86.6% | $4,023-81.1% | $4,779-84.1% |
| Participant deferral / active EE | $1,375 | $4,006-65.7% | $3,345-58.9% | $5,609-75.5% |
| Admin fee / account holder | $0 | $6,515-100.0% | $5,021-100.0% | $10,828-100.0% |