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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 | $393 | $71,208-99.4% | $93,681-99.6% | $80,911-99.5% |
| Participation rate | 47.2% | 60.4%-13.2pp | 68.7%-21.6pp | 67.6%-20.5pp |
| Annual return | 13.68% | 11.27%+2.4pp | 133.47%-119.8pp | 35.63%-22.0pp |
| Employer contribution / active EE | $0 | $1,564-100.0% | $2,422-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $0 | $4,035-100.0% | $4,415-100.0% | $4,297-100.0% |
| Admin fee / account holder | $2 | $6,951-100.0% | $8,290-100.0% | $6,935-100.0% |