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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 | $12,899 | $93,346-86.2% | $71,796-82.0% | $273,972-95.3% |
| Participation rate | 60.0% | 76.5%-16.5pp | 69.1%-9.1pp | 83.0%-23.0pp |
| Annual return | 9.84% | 130.39%-120.5pp | 78.04%-68.2pp | 41.46%-31.6pp |
| Employer contribution / active EE | $0 | $2,733-100.0% | $1,924-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $1,298 | $3,475-62.6% | $2,794-53.5% | $5,287-75.4% |
| Admin fee / account holder | $60 | $6,571-99.1% | $4,815-98.8% | $10,133-99.4% |