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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $13,373 | $58,391-77.1% | $76,667-82.6% | $72,976-81.7% |
| Participation rate | 23.4% | 67.4%-44.0pp | 72.1%-48.7pp | 69.5%-46.1pp |
| Annual return | 6.54% | 2306.65%-2300.1pp | 1166.74%-1160.2pp | 81.02%-74.5pp |
| Employer contribution / active EE | $0 | $1,787-100.0% | $2,303-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,511 | $2,690-43.9% | $3,336-54.7% | $3,608-58.1% |
| Admin fee / account holder | $292 | $4,014-92.7% | $6,423-95.5% | $5,124-94.3% |