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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 | $9,757 | $83,898-88.4% | $133,346-92.7% | $94,015-89.6% |
| Participation rate | 2.3% | 63.4%-61.1pp | 72.8%-70.6pp | 70.8%-68.5pp |
| Annual return | 17.14% | 16.00%+1.1pp | 36.85%-19.7pp | 17.84%-0.7pp |
| Employer contribution / active EE | $0 | $1,821-100.0% | $2,853-100.0% | $2,790-100.0% |
| Participant deferral / active EE | $0 | $3,245-100.0% | $4,332-100.0% | $4,249-100.0% |
| Admin fee / account holder | $228 | $7,809-97.1% | $14,264-98.4% | $8,951-97.5% |