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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 | $16,348 | $168,635-90.3% | $147,617-88.9% | $125,389-87.0% |
| Participation rate | 66.7% | 88.8%-22.1pp | 84.6%-18.0pp | 83.2%-16.5pp |
| Annual return | 0.00% | 77.65%-77.7pp | 61.98%-62.0pp | 282.24%-282.2pp |
| Employer contribution / active EE | $2,329 | $6,252-62.8% | $5,564-58.2% | $4,866-52.1% |
| Participant deferral / active EE | $776 | $5,507-85.9% | $4,895-84.1% | $5,352-85.5% |
| Admin fee / account holder | $53 | $13,580-99.6% | $11,612-99.5% | $9,541-99.4% |