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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 | $1,964 | $60,139-96.7% | $90,461-97.8% | $79,856-97.5% |
| Participation rate | 68.2% | 65.0%+3.2pp | 72.7%-4.5pp | 69.6%-1.5pp |
| Annual return | 13.33% | 71.96%-58.6pp | 1294.76%-1281.4pp | 31.71%-18.4pp |
| Employer contribution / active EE | $0 | $2,069-100.0% | $3,264-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $670 | $2,939-77.2% | $3,964-83.1% | $3,741-82.1% |
| Admin fee / account holder | $141 | $3,978-96.5% | $5,617-97.5% | $5,306-97.3% |