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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 | $16,285 | $158,852-89.7% | $121,220-86.6% | $135,379-88.0% |
| Participation rate | 55.6% | 79.3%-23.8pp | 71.8%-16.2pp | 82.6%-27.1pp |
| Annual return | -8.75% | -0.64%-8.1pp | 16.94%-25.7pp | 519.79%-528.5pp |
| Employer contribution / active EE | $0 | $5,666-100.0% | $4,023-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,512 | $4,006-62.3% | $3,345-54.8% | $5,609-73.0% |
| Admin fee / account holder | $21 | $6,515-99.7% | $5,021-99.6% | $10,828-99.8% |