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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 | $546 | $75,541-99.3% | $152,093-99.6% | $82,637-99.3% |
| Participation rate | 8.1% | 66.5%-58.4pp | 77.8%-69.7pp | 68.1%-59.9pp |
| Annual return | 20.93% | 32.56%-11.6pp | 66.36%-45.4pp | 53.51%-32.6pp |
| Employer contribution / active EE | $0 | $2,622-100.0% | $4,175-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $0 | $3,206-100.0% | $5,451-100.0% | $4,126-100.0% |
| Admin fee / account holder | $2 | $6,405-100.0% | $14,497-100.0% | $7,339-100.0% |