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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 | $9,073 | $154,209-94.1% | $130,062-93.0% | $139,487-93.5% |
| Participation rate | 38.9% | 82.0%-43.1pp | 78.5%-39.6pp | 80.3%-41.4pp |
| Annual return | 34.71% | 32.52%+2.2pp | -137.37%+172.1pp | 373.84%-339.1pp |
| Employer contribution / active EE | $1,109 | $5,292-79.0% | $4,322-74.3% | $4,755-76.7% |
| Participant deferral / active EE | $1,122 | $6,709-83.3% | $5,821-80.7% | $6,713-83.3% |
| Admin fee / account holder | $96 | $13,988-99.3% | $10,601-99.1% | $11,407-99.2% |