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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 | $2,547 | $181,896-98.6% | $156,551-98.4% | $273,972-99.1% |
| Participation rate | 53.3% | 88.4%-35.1pp | 84.0%-30.7pp | 83.0%-29.7pp |
| Annual return | 110.33% | 30.74%+79.6pp | 32.23%+78.1pp | 41.46%+68.9pp |
| Employer contribution / active EE | $0 | $6,248-100.0% | $5,501-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $1,233 | $5,550-77.8% | $4,871-74.7% | $5,287-76.7% |
| Admin fee / account holder | $21 | $15,560-99.9% | $13,028-99.8% | $10,133-99.8% |