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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 | $5,185 | $100,139-94.8% | $85,187-93.9% | $145,884-96.4% |
| Participation rate | 5.3% | 74.1%-68.8pp | 67.5%-62.3pp | 80.3%-75.0pp |
| Annual return | 12.89% | 84.15%-71.3pp | 66.67%-53.8pp | 551.85%-539.0pp |
| Employer contribution / active EE | $0 | $3,238-100.0% | $2,732-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $0 | $5,296-100.0% | $4,525-100.0% | $6,690-100.0% |
| Admin fee / account holder | $23 | $7,262-99.7% | $6,162-99.6% | $13,392-99.8% |