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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 | $326 | $182,442-99.8% | $163,379-99.8% | $138,895-99.8% |
| Participation rate | 9.1% | 79.8%-70.7pp | 76.8%-67.7pp | 79.9%-70.8pp |
| Annual return | 18.96% | 72.74%-53.8pp | 63.41%-44.5pp | 145.39%-126.4pp |
| Employer contribution / active EE | $0 | $4,159-100.0% | $3,752-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $0 | $6,817-100.0% | $6,282-100.0% | $6,396-100.0% |
| Admin fee / account holder | $1 | $10,396-100.0% | $9,818-100.0% | $12,562-100.0% |