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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 | $14,043 | $99,079-85.8% | $78,002-82.0% | $273,972-94.9% |
| Participation rate | 50.0% | 78.6%-28.6pp | 75.5%-25.5pp | 83.0%-33.0pp |
| Annual return | 7.48% | 217.93%-210.4pp | 425.99%-418.5pp | 41.46%-34.0pp |
| Employer contribution / active EE | $0 | $3,308-100.0% | $2,470-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $2,025 | $4,306-53.0% | $3,497-42.1% | $5,287-61.7% |
| Admin fee / account holder | $290 | $8,954-96.8% | $5,481-94.7% | $10,133-97.1% |