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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 | $480 | $45,312-98.9% | $86,233-99.4% | $67,986-99.3% |
| Participation rate | 5.0% | 42.4%-37.4pp | 69.0%-64.0pp | 57.2%-52.2pp |
| Annual return | 21.10% | 24.79%-3.7pp | 61.39%-40.3pp | 31.67%-10.6pp |
| Employer contribution / active EE | $0 | $1,160-100.0% | $2,504-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $0 | $2,185-100.0% | $4,559-100.0% | $3,358-100.0% |
| Admin fee / account holder | $0 | $3,295-100.0% | $8,342-100.0% | $3,203-100.0% |