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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 | $13,623 | $140,578-90.3% | $100,671-86.5% | $125,389-89.1% |
| Participation rate | 25.0% | 80.4%-55.4pp | 70.7%-45.7pp | 83.2%-58.2pp |
| Annual return | 0.79% | 24.67%-23.9pp | 20.43%-19.6pp | 282.24%-281.5pp |
| Employer contribution / active EE | $0 | $5,965-100.0% | $4,012-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $11 | $3,981-99.7% | $3,144-99.6% | $5,352-99.8% |
| Admin fee / account holder | $0 | $6,716-100.0% | $4,850-100.0% | $9,541-100.0% |