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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 | $18,823 | $78,670-76.1% | $109,173-82.8% | $85,847-78.1% |
| Participation rate | 54.0% | 68.3%-14.3pp | 75.9%-21.9pp | 69.3%-15.3pp |
| Annual return | 17.85% | 25.09%-7.2pp | 25.75%-7.9pp | 318.61%-300.8pp |
| Employer contribution / active EE | $0 | $2,734-100.0% | $3,723-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $1,969 | $3,467-43.2% | $4,654-57.7% | $3,952-50.2% |
| Admin fee / account holder | $99 | $5,469-98.2% | $6,755-98.5% | $6,261-98.4% |