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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 | $4,318 | $45,266-90.5% | $103,693-95.8% | $65,306-93.4% |
| Participation rate | 39.1% | 53.3%-14.2pp | 72.6%-33.5pp | 57.7%-18.6pp |
| Annual return | 29.93% | 25.10%+4.8pp | 47.61%-17.7pp | 21.94%+8.0pp |
| Employer contribution / active EE | $0 | $1,765-100.0% | $2,920-100.0% | $1,967-100.0% |
| Participant deferral / active EE | $622 | $2,099-70.4% | $4,579-86.4% | $2,959-79.0% |
| Admin fee / account holder | $263 | $3,221-91.8% | $7,858-96.7% | $3,480-92.4% |