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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 | $20,040 | $89,367-77.6% | $141,191-85.8% | $72,975-72.5% |
| Participation rate | 42.9% | 75.1%-32.3pp | 82.5%-39.6pp | 69.5%-26.6pp |
| Annual return | 33.11% | 111.87%-78.8pp | 71.41%-38.3pp | 81.01%-47.9pp |
| Employer contribution / active EE | $0 | $3,115-100.0% | $4,736-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $4,105 | $5,419-24.2% | $6,710-38.8% | $3,608+13.8% |
| Admin fee / account holder | $10 | $5,957-99.8% | $10,264-99.9% | $5,124-99.8% |