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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 | $3,117 | $110,410-97.2% | $102,437-97.0% | $145,897-97.9% |
| Participation rate | 39.1% | 77.9%-38.8pp | 74.5%-35.4pp | 80.3%-41.2pp |
| Annual return | 11.48% | 24.85%-13.4pp | 24.95%-13.5pp | 552.29%-540.8pp |
| Employer contribution / active EE | $0 | $4,217-100.0% | $3,871-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $613 | $5,622-89.1% | $5,060-87.9% | $6,689-90.8% |
| Admin fee / account holder | $90 | $9,745-99.1% | $8,388-98.9% | $13,390-99.3% |