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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 | $7,234 | $167,353-95.7% | $143,797-95.0% | $134,545-94.6% |
| Participation rate | 66.7% | 84.8%-18.2pp | 80.3%-13.7pp | 81.2%-14.6pp |
| Annual return | -16.87% | 0.48%-17.4pp | -0.04%-16.8pp | 418.37%-435.2pp |
| Employer contribution / active EE | $2,514 | $5,620-55.3% | $4,952-49.2% | $4,742-47.0% |
| Participant deferral / active EE | $1,567 | $6,447-75.7% | $5,638-72.2% | $6,401-75.5% |
| Admin fee / account holder | $118 | $18,096-99.4% | $14,679-99.2% | $11,431-99.0% |