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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 | $7,111 | $116,203-93.9% | $93,621-92.4% | $152,909-95.3% |
| Participation rate | 57.1% | 78.1%-20.9pp | 75.8%-18.7pp | 82.5%-25.3pp |
| Annual return | 22.48% | 35.96%-13.5pp | 32.76%-10.3pp | 345.46%-323.0pp |
| Employer contribution / active EE | $0 | $3,219-100.0% | $2,719-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $1,695 | $4,605-63.2% | $4,070-58.3% | $5,851-71.0% |
| Admin fee / account holder | $87 | $10,751-99.2% | $7,890-98.9% | $11,601-99.3% |