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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 | $7,593 | $48,053-84.2% | $84,637-91.0% | $72,976-89.6% |
| Participation rate | 42.9% | 57.6%-14.7pp | 68.2%-25.4pp | 69.5%-26.6pp |
| Annual return | 202.94% | 37.39%+165.5pp | 258.82%-55.9pp | 81.02%+121.9pp |
| Employer contribution / active EE | $0 | $1,602-100.0% | $2,653-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,268 | $2,681-52.7% | $3,900-67.5% | $3,608-64.8% |
| Admin fee / account holder | $1 | $3,395-100.0% | $4,914-100.0% | $5,124-100.0% |