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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 | $11,311 | $166,268-93.2% | $165,100-93.1% | $145,897-92.2% |
| Participation rate | 46.7% | 82.0%-35.4pp | 78.6%-32.0pp | 80.3%-33.6pp |
| Annual return | 10.75% | 100.52%-89.8pp | 70.21%-59.5pp | 552.29%-541.5pp |
| Employer contribution / active EE | $0 | $5,284-100.0% | $4,348-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $1,185 | $6,964-83.0% | $6,035-80.4% | $6,689-82.3% |
| Admin fee / account holder | $160 | $16,659-99.0% | $12,696-98.7% | $13,390-98.8% |