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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 | $11,851 | $112,915-89.5% | $90,965-87.0% | $158,950-92.5% |
| Participation rate | 16.7% | 74.7%-58.1pp | 69.0%-52.3pp | 82.0%-65.3pp |
| Annual return | 9.28% | 215.75%-206.5pp | 134.57%-125.3pp | 302.91%-293.6pp |
| Employer contribution / active EE | $0 | $2,894-100.0% | $2,122-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $1,300 | $4,128-68.5% | $3,373-61.5% | $5,983-78.3% |
| Admin fee / account holder | $140 | $8,044-98.3% | $5,960-97.7% | $11,248-98.8% |