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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 | $4,534 | $49,896-90.9% | $80,627-94.4% | $75,173-94.0% |
| Participation rate | 30.0% | 55.3%-25.3pp | 67.0%-37.0pp | 67.2%-37.2pp |
| Annual return | 20.50% | 34.67%-14.2pp | 936.76%-916.3pp | 160.72%-140.2pp |
| Employer contribution / active EE | $0 | $1,699-100.0% | $2,723-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $312 | $2,992-89.6% | $4,443-93.0% | $4,126-92.4% |
| Admin fee / account holder | $20 | $3,578-99.4% | $5,381-99.6% | $5,651-99.6% |