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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 | $13,781 | $166,131-91.7% | $164,975-91.6% | $145,877-90.6% |
| Participation rate | 8.3% | 82.0%-73.7pp | 78.6%-70.3pp | 80.3%-72.0pp |
| Annual return | 13.59% | 100.37%-86.8pp | 70.12%-56.5pp | 551.28%-537.7pp |
| Employer contribution / active EE | $0 | $5,276-100.0% | $4,343-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $83 | $6,962-98.8% | $6,033-98.6% | $6,691-98.8% |
| Admin fee / account holder | $96 | $16,648-99.4% | $12,688-99.2% | $13,402-99.3% |