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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 | $3,794 | $56,054-93.2% | $171,082-97.8% | $62,881-94.0% |
| Participation rate | 37.9% | 62.9%-24.9pp | 76.7%-38.8pp | 69.3%-31.4pp |
| Annual return | 8.75% | 22.52%-13.8pp | 32.56%-23.8pp | 20.14%-11.4pp |
| Employer contribution / active EE | $0 | $1,731-100.0% | $4,002-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,098 | $3,158-65.2% | $4,797-77.1% | $3,203-65.7% |
| Admin fee / account holder | $287 | $3,647-92.1% | $8,520-96.6% | $4,296-93.3% |