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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 | $971 | $56,287-98.3% | $80,977-98.8% | $62,881-98.5% |
| Participation rate | 19.2% | 68.9%-49.7pp | 75.8%-56.6pp | 69.3%-50.1pp |
| Annual return | 11.74% | 22.13%-10.4pp | 17.11%-5.4pp | 20.14%-8.4pp |
| Employer contribution / active EE | $0 | $1,943-100.0% | $3,715-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $0 | $4,196-100.0% | $5,696-100.0% | $3,203-100.0% |
| Admin fee / account holder | $0 | $3,742-100.0% | $5,517-100.0% | $4,296-100.0% |