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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 | $4,017 | $78,670-94.9% | $109,173-96.3% | $85,847-95.3% |
| Participation rate | 60.7% | 68.3%-7.6pp | 75.9%-15.2pp | 69.3%-8.6pp |
| Annual return | 0.00% | 25.09%-25.1pp | 25.75%-25.8pp | 318.61%-318.6pp |
| Employer contribution / active EE | $1,219 | $2,734-55.4% | $3,723-67.3% | $2,565-52.5% |
| Participant deferral / active EE | $1,439 | $3,467-58.5% | $4,654-69.1% | $3,952-63.6% |
| Admin fee / account holder | $24 | $5,469-99.6% | $6,755-99.7% | $6,261-99.6% |