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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 | $8,207 | $84,236-90.3% | $170,435-95.2% | $70,126-88.3% |
| Participation rate | 16.7% | 70.8%-54.2pp | 83.6%-66.9pp | 69.5%-52.9pp |
| Annual return | 16.99% | 23.06%-6.1pp | 205.94%-188.9pp | 73.15%-56.2pp |
| Employer contribution / active EE | $0 | $3,387-100.0% | $5,432-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,463 | $3,086-52.6% | $4,939-70.4% | $3,332-56.1% |
| Admin fee / account holder | $268 | $5,698-95.3% | $13,881-98.1% | $4,645-94.2% |