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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 | $16,507 | $102,393-83.9% | $147,041-88.8% | $80,911-79.6% |
| Participation rate | 57.7% | 75.9%-18.2pp | 82.2%-24.5pp | 67.6%-10.0pp |
| Annual return | 16.65% | 134.95%-118.3pp | 419.21%-402.6pp | 35.63%-19.0pp |
| Employer contribution / active EE | $1,479 | $3,715-60.2% | $4,935-70.0% | $2,756-46.3% |
| Participant deferral / active EE | $3,436 | $6,647-48.3% | $8,071-57.4% | $4,297-20.0% |
| Admin fee / account holder | $2 | $7,943-100.0% | $13,006-100.0% | $6,935-100.0% |