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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 | $5,524 | $100,868-94.5% | $90,414-93.9% | $158,931-96.5% |
| Participation rate | 60.0% | 75.0%-15.0pp | 72.7%-12.7pp | 82.0%-22.0pp |
| Annual return | 24.56% | 1724.58%-1700.0pp | 1293.19%-1268.6pp | 302.86%-278.3pp |
| Employer contribution / active EE | $2,218 | $3,689-39.9% | $3,262-32.0% | $4,761-53.4% |
| Participant deferral / active EE | $329 | $4,348-92.4% | $3,963-91.7% | $5,982-94.5% |
| Admin fee / account holder | $261 | $6,502-96.0% | $5,611-95.3% | $11,247-97.7% |