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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 | $11,030 | $77,472-85.8% | $100,392-89.0% | $80,935-86.4% |
| Participation rate | 16.2% | 76.9%-60.7pp | 81.5%-65.3pp | 67.7%-51.4pp |
| Annual return | 13.14% | 37.26%-24.1pp | 49.45%-36.3pp | 35.66%-22.5pp |
| Employer contribution / active EE | $0 | $2,800-100.0% | $3,941-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $0 | $6,818-100.0% | $8,090-100.0% | $4,299-100.0% |
| Admin fee / account holder | $133 | $5,885-97.7% | $7,904-98.3% | $6,924-98.1% |