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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 | $2,987 | $60,454-95.1% | $81,844-96.4% | $74,459-96.0% |
| Participation rate | 39.0% | 63.0%-23.9pp | 72.4%-33.3pp | 67.2%-28.2pp |
| Annual return | 16.86% | 16.87%0pp | 778.87%-762.0pp | 1369.70%-1352.8pp |
| Employer contribution / active EE | $0 | $2,630-100.0% | $2,916-100.0% | $2,626-100.0% |
| Participant deferral / active EE | $657 | $3,398-80.7% | $4,323-84.8% | $4,350-84.9% |
| Admin fee / account holder | $165 | $1,490-88.9% | $7,355-97.8% | $1,945-91.5% |