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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 | $17,245 | $158,852-89.1% | $121,220-85.8% | $135,379-87.3% |
| Participation rate | 40.0% | 79.3%-39.3pp | 71.8%-31.8pp | 82.6%-42.6pp |
| Annual return | -2.97% | -0.64%-2.3pp | 16.94%-19.9pp | 519.79%-522.8pp |
| Employer contribution / active EE | $0 | $5,666-100.0% | $4,023-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $2,368 | $4,006-40.9% | $3,345-29.2% | $5,609-57.8% |
| Admin fee / account holder | $81 | $6,515-98.8% | $5,021-98.4% | $10,828-99.2% |