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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 | $375 | $57,073-99.3% | $85,126-99.6% | $80,925-99.5% |
| Participation rate | 35.7% | 56.4%-20.7pp | 67.5%-31.8pp | 67.7%-31.9pp |
| Annual return | 13.56% | 21.69%-8.1pp | 66.63%-53.1pp | 35.65%-22.1pp |
| Employer contribution / active EE | $0 | $1,801-100.0% | $2,731-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $0 | $3,113-100.0% | $4,523-100.0% | $4,299-100.0% |
| Admin fee / account holder | $0 | $4,988-100.0% | $6,160-100.0% | $6,940-100.0% |