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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 | $13,118 | $112,933-88.4% | $90,970-85.6% | $158,982-91.7% |
| Participation rate | 50.0% | 74.7%-24.7pp | 69.0%-19.0pp | 82.0%-32.0pp |
| Annual return | 9.20% | 215.82%-206.6pp | 134.60%-125.4pp | 302.99%-293.8pp |
| Employer contribution / active EE | $0 | $2,893-100.0% | $2,122-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $750 | $4,128-81.8% | $3,373-77.8% | $5,983-87.5% |
| Admin fee / account holder | $203 | $8,047-97.5% | $5,961-96.6% | $11,252-98.2% |