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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $5,735 | $52,279-89.0% | $89,435-93.6% | $79,856-92.8% |
| Participation rate | 41.9% | 57.5%-15.6pp | 68.0%-26.0pp | 69.6%-27.7pp |
| Annual return | 20.89% | 22.16%-1.3pp | 245.55%-224.7pp | 31.71%-10.8pp |
| Employer contribution / active EE | $0 | $1,572-100.0% | $2,587-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $725 | $2,740-73.5% | $3,890-81.4% | $3,741-80.6% |
| Admin fee / account holder | $228 | $3,356-93.2% | $4,884-95.3% | $5,306-95.7% |