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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 | $49 | $62,686-99.9% | $178,540-100.0% | $77,736-99.9% |
| Participation rate | 0.8% | 66.9%-66.0pp | 77.1%-76.3pp | 70.6%-69.7pp |
| Annual return | 12.50% | 16.16%-3.7pp | 27.15%-14.6pp | 31.26%-18.8pp |
| Employer contribution / active EE | $0 | $1,914-100.0% | $3,953-100.0% | $2,728-100.0% |
| Participant deferral / active EE | $0 | $4,224-100.0% | $6,281-100.0% | $4,651-100.0% |
| Admin fee / account holder | $0 | $386-100.0% | $10,424-100.0% | $433-100.0% |