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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 | $3,060 | $129,959-97.6% | $104,301-97.1% | $134,532-97.7% |
| Participation rate | 59.1% | 79.5%-20.4pp | 73.3%-14.2pp | 81.2%-22.1pp |
| Annual return | 0.00% | 42.04%-42.0pp | 24.61%-24.6pp | 418.27%-418.3pp |
| Employer contribution / active EE | $973 | $4,185-76.8% | $3,373-71.1% | $4,741-79.5% |
| Participant deferral / active EE | $1,115 | $5,589-80.0% | $4,626-75.9% | $6,401-82.6% |
| Admin fee / account holder | $15 | $9,325-99.8% | $7,340-99.8% | $11,429-99.9% |