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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 | $5,114 | $85,766-94.0% | $136,298-96.2% | $70,126-92.7% |
| Participation rate | 47.6% | 74.2%-26.5pp | 81.9%-34.3pp | 69.5%-21.9pp |
| Annual return | 19.30% | 31.46%-12.2pp | 5156.27%-5137.0pp | 73.15%-53.8pp |
| Employer contribution / active EE | $0 | $2,966-100.0% | $4,696-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,183 | $5,051-76.6% | $6,247-81.1% | $3,332-64.5% |
| Admin fee / account holder | $57 | $5,421-98.9% | $9,244-99.4% | $4,645-98.8% |