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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 | $10,419 | $95,406-89.1% | $185,849-94.4% | $85,847-87.9% |
| Participation rate | 67.9% | 68.8%-0.8pp | 81.7%-13.8pp | 69.3%-1.4pp |
| Annual return | 12.84% | 23.59%-10.7pp | 122.10%-109.3pp | 318.61%-305.8pp |
| Employer contribution / active EE | $3,452 | $3,314+4.2% | $5,169-33.2% | $2,565+34.6% |
| Participant deferral / active EE | $0 | $3,424-100.0% | $5,569-100.0% | $3,952-100.0% |
| Admin fee / account holder | $0 | $7,214-100.0% | $16,244-100.0% | $6,261-100.0% |