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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 | $327 | $57,590-99.4% | $86,233-99.6% | $82,448-99.6% |
| Participation rate | 41.9% | 57.9%-15.9pp | 69.0%-27.1pp | 68.1%-26.1pp |
| Annual return | 17.74% | 22.41%-4.7pp | 61.39%-43.6pp | 41.64%-23.9pp |
| Employer contribution / active EE | $0 | $1,655-100.0% | $2,504-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $0 | $3,080-100.0% | $4,559-100.0% | $4,139-100.0% |
| Admin fee / account holder | $4 | $4,730-99.9% | $8,342-99.9% | $7,234-99.9% |