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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 | $17,323 | $154,209-88.8% | $130,062-86.7% | $139,487-87.6% |
| Participation rate | 4.8% | 82.0%-77.2pp | 78.5%-73.7pp | 80.3%-75.6pp |
| Annual return | 17.62% | 32.52%-14.9pp | -137.37%+155.0pp | 373.84%-356.2pp |
| Employer contribution / active EE | $0 | $5,292-100.0% | $4,322-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $101 | $6,709-98.5% | $5,821-98.3% | $6,713-98.5% |
| Admin fee / account holder | $115 | $13,988-99.2% | $10,601-98.9% | $11,407-99.0% |