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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 | $7,960 | $60,442-86.8% | $96,754-91.8% | $87,485-90.9% |
| Participation rate | 5.9% | 58.7%-52.8pp | 70.3%-64.4pp | 68.9%-63.0pp |
| Annual return | 16.24% | 21.97%-5.7pp | 82.04%-65.8pp | 26.06%-9.8pp |
| Employer contribution / active EE | $0 | $1,691-100.0% | $2,679-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $0 | $3,280-100.0% | $4,758-100.0% | $4,274-100.0% |
| Admin fee / account holder | $0 | $5,069-100.0% | $8,905-100.0% | $7,775-100.0% |