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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 | $3,219 | $48,053-93.3% | $84,628-96.2% | $72,975-95.6% |
| Participation rate | 44.4% | 57.6%-13.1pp | 68.2%-23.8pp | 69.5%-25.0pp |
| Annual return | 84.92% | 37.39%+47.5pp | 258.80%-173.9pp | 81.01%+3.9pp |
| Employer contribution / active EE | $0 | $1,602-100.0% | $2,653-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,288 | $2,681-52.0% | $3,900-67.0% | $3,608-64.3% |
| Admin fee / account holder | $142 | $3,395-95.8% | $4,914-97.1% | $5,124-97.2% |