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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 | $11,600 | $99,345-88.3% | $84,753-86.3% | $273,970-95.8% |
| Participation rate | 35.7% | 80.7%-45.0pp | 76.6%-40.9pp | 83.0%-47.3pp |
| Annual return | 6.60% | 22.93%-16.3pp | 22.78%-16.2pp | 41.46%-34.9pp |
| Employer contribution / active EE | $0 | $4,214-100.0% | $3,574-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $1,163 | $4,270-72.8% | $3,712-68.7% | $5,287-78.0% |
| Admin fee / account holder | $6 | $6,645-99.9% | $5,333-99.9% | $10,132-99.9% |