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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 | $10,360 | $49,791-79.2% | $78,210-86.8% | $70,126-85.2% |
| Participation rate | 39.5% | 62.3%-22.8pp | 68.7%-29.2pp | 69.5%-30.0pp |
| Annual return | 45.44% | 20.75%+24.7pp | 40.90%+4.5pp | 73.15%-27.7pp |
| Employer contribution / active EE | $0 | $1,430-100.0% | $2,034-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $3,177 | $2,150+47.8% | $2,823+12.6% | $3,332-4.6% |
| Admin fee / account holder | $0 | $3,181-100.0% | $3,758-100.0% | $4,645-100.0% |