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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 | $9,254 | $63,346-85.4% | $92,240-90.0% | $70,126-86.8% |
| Participation rate | 23.0% | 68.7%-45.7pp | 76.5%-53.5pp | 69.5%-46.6pp |
| Annual return | 22.38% | 530.19%-507.8pp | 176.29%-153.9pp | 73.15%-50.8pp |
| Employer contribution / active EE | $613 | $2,471-75.2% | $3,680-83.3% | $2,343-73.8% |
| Participant deferral / active EE | $951 | $2,854-66.7% | $3,897-75.6% | $3,332-71.5% |
| Admin fee / account holder | $0 | $3,841-100.0% | $5,194-100.0% | $4,645-100.0% |