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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 | $3,216 | $103,038-96.9% | $90,324-96.4% | $152,909-97.9% |
| Participation rate | 58.3% | 75.9%-17.5pp | 73.3%-14.9pp | 82.5%-24.1pp |
| Annual return | 24.10% | 95.25%-71.1pp | 78.15%-54.0pp | 345.46%-321.4pp |
| Employer contribution / active EE | $0 | $3,141-100.0% | $2,856-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $1,849 | $4,282-56.8% | $3,885-52.4% | $5,851-68.4% |
| Admin fee / account holder | $149 | $6,177-97.6% | $5,356-97.2% | $11,601-98.7% |