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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 | $17,170 | $105,856-83.8% | $90,161-81.0% | $147,586-88.4% |
| Participation rate | 69.2% | 79.7%-10.5pp | 76.9%-7.6pp | 82.8%-13.6pp |
| Annual return | 18.07% | 37.63%-19.6pp | 34.89%-16.8pp | 578.59%-560.5pp |
| Employer contribution / active EE | $0 | $4,126-100.0% | $3,318-100.0% | $4,876-100.0% |
| Participant deferral / active EE | $3,356 | $5,733-41.5% | $5,287-36.5% | $5,439-38.3% |
| Admin fee / account holder | $111 | $8,046-98.6% | $5,943-98.1% | $10,886-99.0% |