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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 | $14,747 | $106,008-86.1% | $92,240-84.0% | $147,586-90.0% |
| Participation rate | 40.0% | 80.4%-40.4pp | 76.5%-36.5pp | 82.8%-42.8pp |
| Annual return | 26.94% | 50.05%-23.1pp | 176.29%-149.4pp | 578.59%-551.7pp |
| Employer contribution / active EE | $1,401 | $4,333-67.7% | $3,680-61.9% | $4,876-71.3% |
| Participant deferral / active EE | $1,401 | $4,478-68.7% | $3,897-64.0% | $5,439-74.2% |
| Admin fee / account holder | $0 | $6,333-100.0% | $5,194-100.0% | $10,886-100.0% |