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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 | $2,932 | $133,981-97.8% | $112,249-97.4% | $134,532-97.8% |
| Participation rate | 66.7% | 78.6%-11.9pp | 75.1%-8.4pp | 81.2%-14.6pp |
| Annual return | 11.60% | 47.16%-35.6pp | 27.48%-15.9pp | 418.27%-406.7pp |
| Employer contribution / active EE | $2,451 | $4,040-39.3% | $3,636-32.6% | $4,741-48.3% |
| Participant deferral / active EE | $0 | $5,292-100.0% | $4,729-100.0% | $6,401-100.0% |
| Admin fee / account holder | $83 | $7,492-98.9% | $6,412-98.7% | $11,429-99.3% |