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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 | $1,050 | $88,996-98.8% | $78,004-98.7% | $138,895-99.2% |
| Participation rate | 22.2% | 74.4%-52.1pp | 69.4%-47.2pp | 79.9%-57.7pp |
| Annual return | 18.91% | 28.03%-9.1pp | 31.07%-12.2pp | 145.39%-126.5pp |
| Employer contribution / active EE | $0 | $2,917-100.0% | $2,469-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $0 | $4,724-100.0% | $4,092-100.0% | $6,396-100.0% |
| Admin fee / account holder | $0 | $8,807-100.0% | $7,578-100.0% | $12,562-100.0% |