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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 | $7,349 | $54,541-86.5% | $78,778-90.7% | $70,126-89.5% |
| Participation rate | 40.6% | 60.8%-20.2pp | 69.2%-28.6pp | 69.5%-28.9pp |
| Annual return | 41.99% | 21.07%+20.9pp | 35.62%+6.4pp | 73.15%-31.2pp |
| Employer contribution / active EE | $0 | $1,089-100.0% | $1,986-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,911 | $2,210-13.5% | $2,958-35.4% | $3,332-42.6% |
| Admin fee / account holder | $16 | $3,709-99.6% | $5,134-99.7% | $4,645-99.7% |