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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 | $509 | $110,093-99.5% | $97,295-99.5% | $145,897-99.7% |
| Participation rate | 54.2% | 75.9%-21.7pp | 72.7%-18.5pp | 80.3%-26.1pp |
| Annual return | 8.04% | 244.76%-236.7pp | 75.62%-67.6pp | 552.29%-544.2pp |
| Employer contribution / active EE | $0 | $3,077-100.0% | $2,723-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $0 | $4,678-100.0% | $4,264-100.0% | $6,689-100.0% |
| Admin fee / account holder | $27 | $6,212-99.6% | $5,646-99.5% | $13,390-99.8% |