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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 | $54,674-98.3% | $76,089-98.8% | $74,429-98.8% |
| Participation rate | 1.1% | 60.3%-59.2pp | 69.1%-68.0pp | 67.2%-66.1pp |
| Annual return | 11.43% | 31.89%-20.5pp | 360.94%-349.5pp | 1368.38%-1357.0pp |
| Employer contribution / active EE | $0 | $1,781-100.0% | $2,690-100.0% | $2,625-100.0% |
| Participant deferral / active EE | $0 | $3,071-100.0% | $4,259-100.0% | $4,348-100.0% |
| Admin fee / account holder | $0 | $2,238-100.0% | $6,418-100.0% | $1,944-100.0% |