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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 | $8,594 | $107,941-92.0% | $91,994-90.7% | $152,909-94.4% |
| Participation rate | 64.7% | 81.2%-16.5pp | 78.6%-13.9pp | 82.5%-17.7pp |
| Annual return | 22.70% | 89.28%-66.6pp | 69.04%-46.3pp | 345.46%-322.8pp |
| Employer contribution / active EE | $709 | $4,212-83.2% | $3,453-79.5% | $4,764-85.1% |
| Participant deferral / active EE | $1,014 | $6,366-84.1% | $5,924-82.9% | $5,851-82.7% |
| Admin fee / account holder | $116 | $10,521-98.9% | $7,744-98.5% | $11,601-99.0% |