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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 | $27,848 | $86,294-67.7% | $111,303-75.0% | $85,856-67.6% |
| Participation rate | 5.1% | 73.3%-68.2pp | 77.3%-72.2pp | 69.3%-64.2pp |
| Annual return | 17.67% | 19.99%-2.3pp | 54.66%-37.0pp | 318.58%-300.9pp |
| Employer contribution / active EE | $0 | $2,043-100.0% | $2,731-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $0 | $3,641-100.0% | $4,487-100.0% | $3,952-100.0% |
| Admin fee / account holder | $278 | $8,189-96.6% | $7,966-96.5% | $6,261-95.6% |