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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 | $166,089-93.2% | $164,928-93.1% | $145,978-92.3% |
| Participation rate | 46.7% | 82.0%-35.3pp | 78.6%-32.0pp | 80.3%-33.6pp |
| Annual return | 10.75% | 100.26%-89.5pp | 70.08%-59.3pp | 550.52%-539.8pp |
| Employer contribution / active EE | $0 | $5,276-100.0% | $4,343-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $1,185 | $6,961-83.0% | $6,034-80.4% | $6,690-82.3% |
| Admin fee / account holder | $160 | $16,641-99.0% | $12,684-98.7% | $13,400-98.8% |