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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 | $5,648 | $124,351-95.5% | $109,188-94.8% | $167,553-96.6% |
| Participation rate | 35.7% | 79.4%-43.7pp | 75.9%-40.2pp | 82.1%-46.4pp |
| Annual return | 0.00% | 26.04%-26.0pp | 25.76%-25.8pp | 478.89%-478.9pp |
| Employer contribution / active EE | $1,009 | $4,210-76.0% | $3,723-72.9% | $4,840-79.2% |
| Participant deferral / active EE | $1,261 | $5,257-76.0% | $4,654-72.9% | $6,343-80.1% |
| Admin fee / account holder | $237 | $7,975-97.0% | $6,755-96.5% | $12,316-98.1% |