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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 | $907 | $54,679-98.3% | $76,119-98.8% | $74,459-98.8% |
| Participation rate | 1.1% | 60.3%-59.2pp | 69.1%-67.9pp | 67.2%-66.1pp |
| Annual return | 11.43% | 31.90%-20.5pp | 361.25%-349.8pp | 1369.70%-1358.3pp |
| Employer contribution / active EE | $0 | $1,781-100.0% | $2,693-100.0% | $2,626-100.0% |
| Participant deferral / active EE | $0 | $3,072-100.0% | $4,259-100.0% | $4,350-100.0% |
| Admin fee / account holder | $0 | $2,238-100.0% | $6,421-100.0% | $1,945-100.0% |