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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 | $1,639 | $60,795-97.3% | $69,483-97.6% | $65,186-97.5% |
| Participation rate | 60.2% | 74.9%-14.7pp | 74.6%-14.4pp | 70.2%-10.0pp |
| Annual return | 79.71% | 17.46%+62.3pp | 28.99%+50.7pp | 29.39%+50.3pp |
| Employer contribution / active EE | $752 | $2,452-69.3% | $2,780-73.0% | $2,177-65.5% |
| Participant deferral / active EE | $137 | $3,162-95.7% | $3,537-96.1% | $3,514-96.1% |
| Admin fee / account holder | $11 | $314-96.5% | $3,841-99.7% | $847-98.7% |