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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 | $5,463 | $124,330-95.6% | $109,173-95.0% | $167,536-96.7% |
| Participation rate | 61.5% | 79.5%-17.9pp | 75.9%-14.3pp | 82.1%-20.6pp |
| Annual return | 23.28% | 26.04%-2.8pp | 25.75%-2.5pp | 478.82%-455.5pp |
| Employer contribution / active EE | $974 | $4,209-76.9% | $3,723-73.8% | $4,839-79.9% |
| Participant deferral / active EE | $1,218 | $5,256-76.8% | $4,654-73.8% | $6,342-80.8% |
| Admin fee / account holder | $54 | $7,974-99.3% | $6,755-99.2% | $12,315-99.6% |