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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 | $833 | $57,119-98.5% | $85,187-99.0% | $80,935-99.0% |
| Participation rate | 62.7% | 56.4%+6.3pp | 67.5%-4.8pp | 67.7%-4.9pp |
| Annual return | 12.01% | 21.70%-9.7pp | 66.67%-54.7pp | 35.66%-23.7pp |
| Employer contribution / active EE | $0 | $1,802-100.0% | $2,732-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $0 | $3,115-100.0% | $4,525-100.0% | $4,299-100.0% |
| Admin fee / account holder | $0 | $4,990-100.0% | $6,162-100.0% | $6,924-100.0% |